Business
Teck Cominco responds to Inco Board recommendation
Teck Cominco responds to Inco Board recommendation.
About this update from Teck Resources Limited Class A
[{"type":"text","content":"\n\n\n\n\nVANCOUVER, Aug. 7 /CNW/ - Teck Cominco Limited (TSX - TCK.A; TCK.B;\nNYSE - TCK) has reviewed Inco's press release of today. The Company continues\nto believe that its offer for Inco is superior to the Phelps Dodge offer and\nis ready to take-up and pay for Inco shares on August 16.\n\nAbout Teck Cominco\n\nTeck Cominco is a diversified mining company, headquartered in Vancouver,\nCanada. Shares are listed on the Toronto Stock Exchange under the symbols\nTCK.A and TCK.B. and the New York Stock Exchange under the symbol TCK. The\ncompany is a world leader in the production of zinc and metallurgical coal and\nis also a significant producer of copper, gold and specialty metals. Further\ninformation can be found at www.teckcominco.com.\n\nImportant Notice\n\nThis press release may be deemed to be solicitation material in respect\nof Teck Cominco's proposed tender offer for the shares of Inco. On May 23,\n2006, Teck Cominco has filed the following documents with the Securities and\nExchange Commission (\"SEC\") in connection with its offer to purchase all of\nthe outstanding common shares of Inco: (1) a Registration Statement on Form\nF-10 (containing an offer to purchase and a share take-over bid circular) and\n(2) a tender offer statement on Schedule T-O.\nInvestors and shareholders are urged to read the Registration Statement,\nthe Schedule T-O and any other relevant documents filed or that will be filed\nwith the SEC when they become available because they will contain important\ninformation about the tender offer. These documents will be available without\ncharge on the SEC's web site at www.sec.gov and may be obtained without charge\nfrom the SEC at telephone number 800-SEC-0330. Free copies of these documents\ncan also be obtained by directing a request to Teck Cominco, 600-200 Burrard\nSt. Vancouver, British Columbia Canada, V6C 3L9, attention Corporate\nSecretary, by telephone to (604) 687-1117, or by email to:\ninfo(at)teckcominco.com.\n\nForward-Looking Statements\n\nThis press release contains certain forward-looking statements within the\nmeaning of the United States Private Securities Litigation Reform Act of 1995\nand forward-looking information as defined in the Securities Act (Ontario).\nForward-looking statements and information can be identified by the use of\nwords such as \"plans\", \"expects\" or \"doe...