Dominion Lending Centres Clearlease Reports Equinox Minerals Ltd. (TSX:EQN) called a $6.3-billion takeover bid by Minmetals Resources Ltd. “clearly opportunistic”
TORONTO – (April 8, 2011) Clearlease.com Reports Equinox Minerals Ltd. (TSX:EQN) called a $6.3-billion takeover bid by Minmetals Resources Ltd. “clearly opportunistic” on Thursday in the company’s first comments since the unsolicited offer was made.
Equinox said the offer of $7 per share is only a small premium to what the company was trading at before it made its own hostile offer for Lundin Mining Corp. (TSX:LUN).
The Minmetals offer is conditional on Equinox dropping its hostile takeover bid for Lundin.
“We consider that the lowball price announced by MMR significantly understates our value and disregards the potential of this company, especially in light of the continuing strength in copper prices,” Equinox chairman Peter Tomsett said in a statement.
Minmetals, a Chinese-owned company, made its offer for Equinox, which operates the Lumwana mine in Zambia and is constructing the Jabal Sayid project in Saudi Arabia, on Sunday.
Since then Equinox shares have traded for more than the offer price, suggesting that at least some investors believe a higher offer is possible.
Equinox shares were down five cents at $7.50 on the Toronto Stock Exchange on Thursday.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.
We offer a simple application process available at http://clearlease.com/How-to-Apply.html .
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
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TORONTO – (April 8, 2011) Clearlease.com Reports Equinox Minerals Ltd. (TSX:EQN) called a $6.3-billion takeover bid by Minmetals Resources Ltd. “clearly opportunistic” on Thursday in the company’s first comments since the unsolicited offer was made.
Equinox said the offer of $7 per share is only a small premium to what the company was trading at before it made its own hostile offer for Lundin Mining Corp. (TSX:LUN).
The Minmetals offer is conditional on Equinox dropping its hostile takeover bid for Lundin.
“We consider that the lowball price announced by MMR significantly understates our value and disregards the potential of this company, especially in light of the continuing strength in copper prices,” Equinox chairman Peter Tomsett said in a statement.
Minmetals, a Chinese-owned company, made its offer for Equinox, which operates the Lumwana mine in Zambia and is constructing the Jabal Sayid project in Saudi Arabia, on Sunday.
Since then Equinox shares have traded for more than the offer price, suggesting that at least some investors believe a higher offer is possible.
Equinox shares were down five cents at $7.50 on the Toronto Stock Exchange on Thursday.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.
We offer a simple application process available at http://clearlease.com/How-to-Apply.html .
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###Dominion Lending Centres Clearlease Reports Equinox Minerals Ltd. (TSX:EQN) called a $6.3-billion takeover bid by Minmetals Resources Ltd. “clearly opportunistic”
TORONTO – (April 8, 2011) Clearlease.com Reports Equinox Minerals Ltd. (TSX:EQN) called a $6.3-billion takeover bid by Minmetals Resources Ltd. “clearly opportunistic” on Thursday in the company’s first comments since the unsolicited offer was made.
Equinox said the offer of $7 per share is only a small premium to what the company was trading at before it made its own hostile offer for Lundin Mining Corp. (TSX:LUN).
The Minmetals offer is conditional on Equinox dropping its hostile takeover bid for Lundin.
“We consider that the lowball price announced by MMR significantly understates our value and disregards the potential of this company, especially in light of the continuing strength in copper prices,” Equinox chairman Peter Tomsett said in a statement.
Minmetals, a Chinese-owned company, made its offer for Equinox, which operates the Lumwana mine in Zambia and is constructing the Jabal Sayid project in Saudi Arabia, on Sunday.
Since then Equinox shares have traded for more than the offer price, suggesting that at least some investors believe a higher offer is possible.
Equinox shares were down five cents at $7.50 on the Toronto Stock Exchange on Thursday.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.
We offer a simple application process available at http://clearlease.com/How-to-Apply.html .
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###