Hathor Exploration shareholders urged to tender their shares to Rio Tinto offer
MONTRÉAL, Nov. 28, 2011 /CNW Telbec/ - Hathor Exploration Limited shareholders are urged to promptly tender their common shares to Rio Tinto's increased offer, made through an indirect wholly-owned Canadian subsidiary, to acquire all the common shares of Hathor for C$4.70 per common share in cash before 5:00 pm (Toronto time) on 30 November 2011, when the offer expires unless extended or withdrawn.
Hathor's board of directors unanimously recommends that Hathor shareholders tender their common shares to Rio Tinto's increased offer. Rio Tinto's recommended offer values Hathor at approximately C$654 million on a fully-diluted basis and represents a premium to the unsolicited revised offer of Cameco Corporation's of C$4.50 per common share of Hathor made on 14 November 2011. Hathor shareholders who have already tendered their shares to the Cameco offer may still withdraw them at any time before Cameco's offer expires at 12.01 am (Vancouver time) on 29 November 2011.
Hathor shareholders whose shares are registered in the name of an investment advisor, stockbroker, bank or trust company should contact their intermediary to ensure they meet any tendering cut-off times established by the intermediaries. Shareholders must instruct their brokers or other intermediaries, investment advisor, stockbroker, bank, trust company or other nominee promptly if they wish to tender their shares to Rio Tinto's offer.
Shareholders who need assistance tendering their shares to Rio Tinto's offer can contact Rio Tinto's information agent, Laurel Hill Advisory Group toll free at 1-877-452-7184 or collect call at 416-637-4661 or email assistance@laurelhill.com.
About Rio Tinto in Canada
Rio Tinto employs over 13,400 people across its extensive operations in Canada, which include mining and manufacturing interests in alumina, aluminium, iron ore, diamonds and titanium dioxide. Rio Tinto also operates exploration activities, research and development centres, port and rail facilities to support various businesses, technical and sales service centres, and substantial hydroelectric power facilities in British Columbia and Quebec. In addition, Canada is home to the global headquarters of Rio Tinto Alcan.
About Rio Tinto
Rio Tinto is a leading international mining group headquartered in the UK, combining Rio Tinto plc, a London and New York Stock Exchange listed company, and Rio Tinto Limited, which is listed on the Australian Securities Exchange.
Rio Tinto's business is finding, mining, and processing mineral resources. Major products are aluminium, copper, diamonds, thermal and metallurgical coal, uranium, gold, industrial minerals (borax, titanium dioxide and salt) and iron ore. Activities span the world and are strongly represented in Australia and North America with significant businesses in Asia, Europe, Africa and South America.
RIO TINTO PLC
CONTACT:
___________________________________________________________________
|Media Relations, EMEA / Americas |Investor Relations, London |
|Illtud Harri |Mark Shannon |
|Office: 44 (0) 20 7781 1152 |Office: 44 (0) 20 7781 1178 |
|Mobile: 44 (0)7920 503 600 |Mobile: 44 (0) 7917 576597 |
|Tony Shaffer |David Ovington |
|Office: 44 (0) 20 7781 1138 |Office: 44 (0) 20 7781 2051 |
|Mobile: 44 (0) 7920 041 003 |Mobile: 44 (0) 7920 010 978 |
|Christina Mills | |
|Office: 44 (0) 20 7781 1154 | |
|Mobile: 44 (0) 7825 275 605 | |
|_________________________________|_________________________________|
|Media Relations, Australia / Asia|Investor Relations, Australia |
|David Luff Office: |Dave Skinner |
| 61 (0) 3 9283 3620 |Office: 61 (0) 3 9283 3628 |
|Mobile: 61 (0) 419 850 205 |Mobile: 61 (0) 408 335 309 |
|Karen Halbert |Christopher Maitland |
|Office: 61 (0) 3 9283 3627 |Office: 61 (0) 3 9283 3063 |
|Mobile: 61 (0) 412 119 389 |Mobile: 61 (0) 459 800 131 |
|Bruce Tobin | |
|Office: 61 (0) 3 9283 3612 | |
|Mobile: 61 (0) 419 103 454 | |
|_________________________________|_________________________________|
|Media Relations, Canada |Investor Relations, North America|
|Bryan Tucker |Jason Combes |
|Office: 1 (0) 514 848 8151 |Office: 1 (0) 801 204 2919 |
|Mobile: 1 (0) 514 825 8319 |Mobile: 1 (0) 801 558 2645 |
|_________________________________|_________________________________|
___________________________________________________________________________
|Website:|www.riotinto.com
|
|________|_________________________________________________________________
_|
|Email: |media.enquiries@riotinto.com
enquiries.mediaaustralia@riotinto.com|
|________|_________________________________________________________________
_|
|Twitter:|Follow @riotinto on Twitter
|
|________|_________________________________________________________________
_|
High resolution photographs and media pack available
at: www.riotinto.com/media
