Royal Oak extends offer for Consolidated Professor Mines

Royal Oak Mines (TSE) has extended its offer to acquire all the common shares of Consolidated Professor Mines (TSE).

At presstime, Royal Oak announced it had acquired 16.1 million shares of Consolidated Professor, including the shares tendered by Conwest Exploration.

This amount represents a total of 81.2% of the outstanding common shares under the terms of its Feb. 5 offer.

Royal Oak extended its offer to buy all the shares at 80 cents each until Friday,

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