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Norilsk Nickel offer documents delivered in respect of Norilsk Nickel's Cdn$21.50 per share all-cash offer for LionOre Mining International Ltd.

Publication: PR Newswire
Publication Date: 07-MAY-07 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
MOSCOW, Russian Federation, and TORONTO, ON, May 7 /PRNewswire/ -- OJSC MMC Norilsk Nickel ("Norilsk Nickel" or the "Company") today announced that formal offer documents in respect of the offer to acquire all of the outstanding common shares of LionOre Mining International Ltd. ("LionOre") (Toronto Stock Exchange and Australian Securities Exchange symbol: "LIM"; London Stock Exchange symbol: "LOR"; Botswana Stock Exchange symbol: "LIONORE") at a price of Cdn$21.50 in cash per common share have been filed with Canadian securities regulators.

Norilsk Nickel also confirmed today that the Company is in receipt of the list of LionOre shareholders. Full details of the offer, including the formal offer circular and related take-over bid documents, will be mailed to LionOre's registered shareholders on May 8, 2007.

The offer is open for acceptances until 8:00pm (Toronto time) on...

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