Resource News

Endeavour Silver Corp. (TSE:EDR,AMEX:EXK) to acquire all of the outstanding common shares of Cream Minerals Ltd (CVE:CMA).

Endeavour Silver Corp. (TSX:EDR,AMEX:EXK) to acquire all of the outstanding common shares of Cream Minerals Ltd (TSXV:CMA).

The press release is quoted as saying:

The increased offer price of Cdn$0.14 per Cream Share under the Offer represents a premium of 105% over the average closing price of the Shares of Cdn$0.068 for the ten trading days ended September 24, 2010 (the last trading day prior to the announcement of the initial Offer), a premium of 86% over the closing trading price of Cdn$0.075 per Share on September 24, 2010, and a premium of 27% over the closing price of Cdn$0.11 per Share on November 8, 2010.

Click here to access the entire press release

MARKETS

Markets
TSX19258.32+195.41
TSXV652.36+5.03
DOW31438.26-62.42
S&P 5003900.11-11.63
NASD11524.55-83.07
ASX6706.00+177.60

COMMODITIES

Commodities
Gold1828.69+5.26
Silver21.29+0.14
Copper3.83+0.06
Palladium1893.00+25.00
Platinum917.50+10.50
Oil111.06+1.49
Heating Oil4.18+0.06
Natural Gas6.55+0.05

DOWNLOAD FREE REPORTS

×