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Thundelarra Exploration Reports BHP Bid for Shares in United Minerals Corporation
Friday October 16, 2009, 3:28 pm

Original Announcement: BHP bid for UMC to fund THX growth

Thundelarra Exploration reported that BHP Billiton has made a conditional offer of $1.30 cash per share to acquire all the shares in United Minerals Corporation via a scheme of arrangement. Thundelarra is the largest shareholder in UMC with 18m shares, having sold 2.15m shares on market this morning (16 October 2009) realising $2.7m before costs.

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