BRIEF-Nord Gold: offer to purchase all of common shares of Northquest Ltd. expired

Thu Jun 30, 2016 9:12am EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

June 30 (Reuters) - Nord Gold :

* Offer to purchase all of common shares of Northquest Ltd. expired

* Will have acquired an aggregate of 53,214,853 Northquest shares pursuant to offer, representing approximately 95.16 pct of Northquest shares not already owned by Nordgold

* Under terms of offer, northquest shareholders who tendered their Northquest shares to offer will receive CAD $0.26 in cash for each Northquest share tendered in accordance with terms of offer. Source text - bit.ly/294WXzY Further company coverage: (Gdynia Newsroom)