Japan's Toho Zinc Extends Offer for Australia's CBH-Shanghai Metals Market

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Japan's Toho Zinc Extends Offer for Australia's CBH

Industry News 02:45:29PM Jun 29, 2010 Source:SMM

SYDNEY, June 29 -- Japan's Toho Zinc Ltd (5707.T: Quote) on Tuesday extended its takeover offer for Australian miner CBH Resources (CBH.AX: Quote) for seven days to July 14.

Toho is offering A$0.24 a share, or A$361.5 million for CBH, which mines zinc and lead.

 

Japan's Toho Zinc Extends Offer for Australia's CBH

Industry News 02:45:29PM Jun 29, 2010 Source:SMM

SYDNEY, June 29 -- Japan's Toho Zinc Ltd (5707.T: Quote) on Tuesday extended its takeover offer for Australian miner CBH Resources (CBH.AX: Quote) for seven days to July 14.

Toho is offering A$0.24 a share, or A$361.5 million for CBH, which mines zinc and lead.