Rio Tinto
Rio Tinto has extended its offer, made through an indirect wholly-owned subsidiary, to acquire all the common shares of Hathor for C$4.70 in cash per common share until 5:00 pm (Toronto time) on 22 December 2011. The offer has been extended to allow the remaining Hathor shareholders sufficient time to tender their common shares to Rio Tinto’s offer.
As of 5:00 pm (Toronto time) on 12 December 2011, approximately 107,343,487 Hathor common shares had been validly tendered, representing 84.26 per cent of the outstanding Hathor common shares (other than the Hathor common shares already held by an affiliate of Rio Tinto). Rio Tinto has taken up all such deposited common shares and will pay for such shares within three business days of take-up.
A notice of extension will be mailed to Hathor shareholders and filed on SEDAR. All common shares validly tendered and not withdrawn by 5:00 pm (Toronto time) on 22 December 2011 will be taken up on a daily basis and Rio Tinto will pay for such shares within three business days of take-up.
Hathor shareholders whose shares are registered in the name of an investment advisor, stockbroker, bank, trust company should contact their intermediary before 5:00 pm (Toronto time) on 22 December 2011 to ensure they meet any tendering cut-off times established by the intermediaries.
Shareholders are advised that the administrative procedures established by brokers and other intermediaries may cause a delay in their ability to accept tender instructions following this extension of Rio Tinto’s offer, however Rio Tinto understands that all such intermediaries should be able to process tenders of Hathor common shares from and after 16 December 2011.
