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BHP hits back in takeover war with Forrest

BHP hits back in takeover war with Forrest
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Noront adopts poison pill to thwart Forrest takeover bid


Noront adopts poison pill to thwart Forrest takeover bid
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Noront Resources has adopted a shareholder rights plan to protect, it said, against “creeping bids” for its common shares.
Toronto Stock Exchange-listed Noront’s assets include Canada’s highest grade nickel discovery since Vale-owned Voisey’s Bay. The Forrest camp has signalled it is willing to bankroll development of the discovery along with other projects in a region known as the Ring of Fire.
Noront’s highly rated Eagle’s Nest nickel project sits in the Ring of Fire, an emerging multi-metals region in the James Bay Lowlands of Northern Ontario where Noront has other assets.  ....

Eagle Nest , Nova Scotia , Andrew Forrest , Resource Capital Fund , Venture Exchange , Noront Resources , Resource Capital , Stock Exchange Listed Noront , Vale Owned Voisey , James Bay Lowlands , Northern Ontario , கழுகு கூடு , நோவா ஸ்கோடியா , ஆண்ட்ரூ காடு , வள மூலதனம் நிதி , துணிகர பரிமாற்றம் , வள மூலதனம் , ஜேம்ஸ் வளைகுடா தாழ்நிலங்கள் , வடக்கு ஆஂடேரியொ ,