Oil and Gas Investing News » Osisko Commences Subsequent Acquisition Transaction to Acquire Remaining Shares of Brett

Osisko Commences Subsequent Acquisition Transaction to Acquire Remaining Shares of Brett

July 14, 2010 @ 5:26 pm In Oil & Gas Company News

Osisko Mining Corporation (TSX VENTURE:OSK) (FRANKFURT: EWX) and Brett Resources Inc. (TSX VENTURE:BBR) (FRANKFURT: A4N) announced that they have commenced the necessary steps to allow Osisko to acquire all of the remaining common shares of Brett that it does not currently hold.

The press release is quoted as saying:

Osisko currently owns a total of 88,294,547 common shares of Brett ("Brett Shares"), representing approximately 77.2% of the issued and outstanding Brett Shares, which were acquired under its offer for all of the issued and outstanding Brett Shares dated April 13, 2010 (the "Offer").

Click here to access the entire press release ^[1]

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[1] Click here to access the entire press release: http://www.marketwatch.com/story/osisko-commences-subsequent-acquisition-transaction-to-acquire-remaining-shares-of-brett-2010-07-13-1924170?reflink=MW_news_stmp