Sounds like Noront has closed the door to offers?
Did the Noront Board of Directors explore any other options or offers?
Noront’s Board formed a Special Committee to assess available options, and unanimously recommends this transaction is in the best interests of Noront.
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What happened to Dumb and Dumber? (Turdo and Fordo)...Now is the time for any national security of supply to be dealt with. Pretty sure Dumber had a billion and Dumb was ready to go in with his 'partners'?
Why Tender Now?
The all-cash Offer represents a very compelling premium to Noront’s trading range over the last four years, and beyond, and Noront requires financing to advance its Ring of Fire portfolio.