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Aur Resources Inc Sees Bid.

Publication: M2 Presswire
Publication Date: 04-JUL-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-4 July 2007-investorIM: Aur Resources Inc Sees Bid(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:05072007

InvestorIM has been created as a tool for the average investor. The idea is simple, a website where the world can communicate. Do you have a stock related question, then why not ask 50,000 individual members? Are you a shareholder of Aur Resources Inc (TSX: AUR)? Join the many members engaged in this stock right now. Come see for yourself at www.investorim.com for your complimentary subscription.

Teck Cominco and Aur Resources Inc. announced Tuesday 2007-07-03 that Teck Cominco will make a C$4.1 billion cash and share offer to acquire all of the outstanding shares of Aur Resources. Aur shareholders will receive C$41.00 or 0.8749 of a Teck Class B subordinate voting share per Aur common share, subject to pro-ration. The maximum amount of cash to be paid by Teck Cominco is C$3.1 billion and the maximum number of Teck Cominco Class B shares to be issued is approximately 22 million shares. At full pro-ration, Aur shareholders would receive C$30.75 in cash...

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