Sennen Resources advises shareholders to await report of Liberty Silver offer
Sennen Resources advises shareholders to await report of Liberty Silver offer
July 20, 2012 - 7:29 AM
VANCOUVER - Sennen Resources Ltd. (TSXV:SN) says many of its shareholders have objected to an unsolicited takeover offer from Liberty Silver Corp. The Vancouver-based company said Friday it has established a special committee of three independent directors who will evaluate the offer and advise the board and shareholders. Toronto-based Liberty Silver (TSX:LSL) said Monday that it was proposing a share-swap that implied a value of 20 cents per Sennen common share.
News from © The Canadian Press, 2012