Business
Norsemont Mining Announces Take-up of Shares by HudBay Minerals
Mar. 2, 2011 (Canada NewsWire Group) -- Share Issued and Outstanding: 115,127,412 TSX: NO...
About this update from Norsemont Mining Inc.
[{"type":"text","content":"\n\n\n Mar. 2, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nShare Issued and Outstanding: 115,127,412\nTSX: NOM\nBVL: NOM\n\n\nTORONTO, Ontario and LIMA, Peru, March 2 /CNW/ - Norsemont Mining Inc.\n ("Norsemont" or the "Company") (TSX: NOM, BVL: NOM) announced today\n that it has been advised by HudBay Minerals Inc. ("HudBay") that\n 104,635,351 common shares ("Norsemont Shares") of the Company that were\n deposited to HudBay's offer (the "Offer") dated January 24, 2011 to\n acquire all of the issued and outstanding Norsemont Shares have been\n taken up and will be paid for in accordance with the terms of the\n Offer. The Norsemont Shares taken up under the Offer, together with\n those already owned by HudBay, represent approximately 91% of the\n issued and outstanding Norsemont Shares (on a fully-diluted basis).\n\n\nHudBay also announced today that it is extending the Offer until 5:00\n p.m. (Toronto time) on March 15, 2011 to enable Norsemont shareholders\n who have not yet tendered their Norsemont Shares to accept the Offer. A\n notice of extension will be mailed to Norsemont shareholders and has\n been filed with the applicable securities regulatory authorities. The\n notice may be obtained free of charge at www.sedar.com or www.sec.gov or by contacting Kingsdale Shareholder Services Inc., the Depositary\n and Information Agent in connection with the Offer, as indicated below.\n\n\nPursuant to the terms of the Offer, No...