Noront directors, senior management and a major shareholder holding an aggregate of 9.9% of Noront agreed to tender their shares to the 55c per share offer, a 69% premium.
BHP already owns 3.
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BHP has launched a C$325 million cash takeover offer for Toronto-listed Noront Resources to obtain a nickel exploration project in the Ring of Fire in Ontario.
Noront directors, senior management and a major shareholder holding an aggregate of 9.9% of Noront agreed to tender their shares to the 55c per share offer, a 69% premium.
BHP already owns 3.
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