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Article: Anatolia Confirms Rio Tinto Sale of Shares Rio Tinto sold its remaining 4 million common shares of Anatolia; exploration joint venture continues on four prospects. Anatolia anticipates transaction will improve liquidity and provide greater exposure to institutional shareholders.
- Article from:
- CCNMatthews Newswire
- Article date:
- March 16, 2007
CopyrightCopyright 2007 CCNMatthews Newswire. Provided by ProQuest LLC. (Hide copyright information)
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TORONTO, ONTARIO--(CCNMatthews - March 16, 2007) - Anatolia
Minerals Development Limited (TSX:ANO) ("Anatolia" or the "Company")
confirms that Rio Tinto sold its remaining 4 million common shares of
Anatolia. The transaction occurred March 14, 2007.
These 4 million common shares were issued to Rio Tinto in 2004 in
exchange for all Rio Tinto rights and interests in the Company's
Copler Gold Project. These shares were subject to a right a first
placement by Anatolia. The Company waived this right after receiving
an undertaking that these shares would not be sold to any mining
company, affiliates of any mining company, or person acting on behalf
of such companies.
Richard C. Moores II, ...