New Island Recieves Unsolicited Takeover Bid From Anaconda Mining and Engages Financial and Legal Advisors
ST. JOHN'S, NEWFOUNDLAND--(Marketwire - June 16, 2010) - New Island Resources Inc. (TSX VENTURE:NIS) ("New Island") reports that on June 11, 2010, Anaconda Mining Inc. ("Anaconda") announced that it has commenced an unsolicited offer (the "Offer") to acquire all of the outstanding shares New Island in consideration for one share of Anaconda for each three shares in New Island.
Wednesday, June 16, 2010
NIS.V
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