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BHP Group (BHP)

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Dod101
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Re: BHP Group (BHP)

#429420

Postby Dod101 » July 21st, 2021, 7:16 pm

Bouleversee wrote:I hope they will not be allowed to sell them to the Chinese.


Help to educate them.

Dod

daveh
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Re: BHP Group (BHP)

#430758

Postby daveh » July 27th, 2021, 4:58 pm

BHP buys a metals resource company - pre production of the resources for C$325m at a premium of 129% to the unaffected share price.

https://www.investegate.co.uk/bhp-group ... 49296375G/

Recommended all-cash offer for Noront Resources Limited

Today, BHP Lonsdale Investments Pty Ltd (BHP Lonsdale), a wholly-owned subsidiary of BHP Group Limited, announced that BHP Western Mining Resources International Pty Ltd (BHP WMR), a wholly-owned subsidiary of BHP Lonsdale, has made a recommended all-cash offer to acquire all of the issued and outstanding common shares of Noront Resources Limited (Noront) for C$0.55 per share in cash.

BHP Lonsdale, BHP WMR and Noront have entered into a definitive support agreement, whereby Noront has agreed to, among other things, support the takeover-bid by BHP WMR.

Noront is a Canadian based mining company, listed on the TSX Venture Exchange. It is focused on the development of its high-grade Eagle's Nest nickel, copper, platinum and palladium deposit and chromite deposits including Blackbird, Black Thor, and Big Daddy, all of which are located in the James Bay Lowlands of Ontario in an emerging metals district known as the Ring of Fire


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