The Conversation (0)
Goldcorp Inc. (TSX:G,NYSE:GG) said Tuesday that it has extended its offer to acquire all of the outstanding common shares of Osisko Mining Corp. (TSX:OSK) until March 10, 2014 at 5:00 p.m. EST.
Goldcorp Inc. (TSX:G,NYSE:GG) said Tuesday that it has extended its offer to acquire all of the outstanding common shares of Osisko Mining Corp. (TSX:OSK) until March 10, 2014 at 5:00 p.m. EST.
As quoted in the press release:
Osisko shareholders who tender to the offer will be entitled to receive 0.146 of a Goldcorp common share plus C$2.26 in cash for each Osisko common share. All other conditions remain unchanged. A Notice of Extension will be sent to Osisko shareholders by Goldcorp in due course.
The offer represents a premium of 28% over the 20-day volume-weighted average share price of Osisko from all trading on Canadian exchanges for the period ending January 10, 2014.
Click here to read the full Goldcorp Inc. (TSX:G,NYSE:GG) press release.