GREY:HNMFF - Post by User
Comment by
regentrobertoon Feb 04, 2013 3:42pm
315 Views
Post# 20936119
RE: Money in the account
RE: Money in the account sellers must really need the change 2 b selling at 10%+ discount.
| Hana Mining Provides Update on Arrangement With Cupric Canyon Capital |
| Marketwire Canada Hana Mining Ltd. (the "Company" or "Hana") (TSX VENTURE:HMG)(FRANKFURT:4LH)(BOTSWANA:HANA) is pleased to provide an update with respect to the plan of arrangement (the "Arrangement") involving Hana, Cupric Canyon Capital LP ("Cupric"), Cuprous Capital Ltd., a wholly owned subsidiary of Cupric, and Hana's securityholders. Management from Hana and Cupric has recently met with the relevant Botswana regulatory authorities and was assured the approval process is progressing. The parties continue to work towards satisfaction and receipt of the outstanding Arrangement conditions. The closing of the Arrangement remains subject to the satisfaction or waiver of such conditions and the final approval of the TSX Venture Exchange. The closing of the Arrangement is expected to occur in February 2013. Under the Arrangement, shareholders of Hana will receive C$0.82 in cash for each common share of Hana……………. |