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Entree Resources Ltd T.ETG

Alternate Symbol(s):  ERLFF

Metals & Mining Copper
Entree Resources Ltd. is a Canadian mining company. The Company is focused on the development and exploration of mineral property interests. The Company is principally focused on its Entree/Oyu Tolgoi JV Property in Mongolia. The Entree/Oyu Tolgoi joint venture property includes Lift 1 and Lift 2 of the Hugo North Extension copper-gold deposit, the Heruga copper-gold-molybdenum deposit, and a large underexplored, highly prospective land package. The Oyu Tolgoi project comprises two separate land holdings: the Entree/Oyu Tolgoi JV Property, which is a partnership between Entree and OTLLC, and the Oyu Tolgoi mining license, which is held by OTLLC. The Entree/Oyu Tolgoi JV Property comprises the eastern portion of the Shivee Tolgoi mining license and all the Javhlant mining license. The Company has a 56.53% interest in the Blue Rose Joint Venture. The Company has an interest in acquiring a 0.5% net smelter return royalty on the Canariaco copper project in Northern Peru.


TSX:ETG - Post by User

Entree Resources Ltd > why not?
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Post by mrpancakeon Jan 16, 2025 5:57pm
169 Views
Post# 36408064

why not?

why not?
RIO is not making an offer because they know HCU will not vote for it. If RIO purchased HCU first then they can make an offer for ETG and have around 38% of the votes. Could HCU be the one to own as RIO will pay a premium to get the votes?
 
Step 1. Make and offer to all HCU Shareholders.
Step 2. close the purchase of HCU.
Step 3. Make an offer to all ETG shareholders.
Step 4. Close the purchase of ETG
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