BHP Lonsdale Investments Pty Ltd announced that it is progressing discussions with Wyloo Metals Pty Ltd regarding its potential support of BHP’s CAD 0.75 per share offer to acquire Noront Resources Ltd.. To allow more time for those discussions to progress, BHP is extending the expiry of its to November 30, 2021. The earliest time BHP will be taking up Noront shares under its offer will be at the new expiry time.BHP and Wyloo Metals have continued their conversations and are considering a mutually beneficial arrangement regarding the acquisition of Noront by BHP. There is no assurance that any agreement will be reached between BHP and Wyloo Metals.
BHP Lonsdale Investments Pty Ltd announced that it is progressing discussions with Wyloo Metals Pty Ltd regarding its potential support of BHP’s CAD 0.75 per share offer to acquire Noront Resources Ltd.. To allow more time for those discussions to progress, BHP is extending the expiry of its to November 30, 2021. The earliest time BHP will be taking up Noront shares under its offer will be at the new expiry time.BHP and Wyloo Metals have continued their conversations and are considering a mutually beneficial arrangement regarding the acquisition of Noront by BHP. There is no assurance that any agreement will be reached between BHP and Wyloo Metals.