The move locks out prospective buyer Marindi Metals, which had done a deal with Rox over the 49% stake.
In matching Marindi’s offer, Teck will pay Rox $8 million cash, issue $3.
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CANADA’S Teck Resources has exercised its pre-emptive right to acquire Rox Resources’ stake in the Reward zinc project in the Northern Territory for up to $A20.6 million.
The move locks out prospective buyer Marindi Metals, which had done a deal with Rox over the 49% stake.
In matching Marindi’s offer, Teck will pay Rox $8 million cash, issue $3.
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