Sennen Responds to Unsolicited Offer From Liberty Silver Corp; Liberty Plans Conference Call

By MT Newswires,  July 18, 2012, 08:11:15 AM EDT

Sennen Resources Ltd. (SN.V) noted the announcement of Liberty Silver Corp.'s (LSL.TO) unsolicited offer to acquire the outstanding shares of Sennen for .28 of a share of Liberty Silver for each share of Sennen. Sennen's board will consider the offer and how it will impact the interests of Sennen's shareholders and other stakeholders. Liberty, which gained 5.5% Tuesday, will hold a conference call at 4.30 p.m. ET today to discuss its takeover bid.

Shareholders are urged to take no action until the Board of Directors has had an opportunity to review the offer and to make a formal recommendation based on its merits. Shareholders will be notified by the Board of this recommendation through a news release and circular in accordance with applicable securities laws.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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