Hochschild to acquire Adina Minerals after shareholders agree to sell

Hochschild Mining, the precious metals company, has announced that its wholly owned subsidiary, Alberta, has satisfied the conditions of its previously announced offer to acquire all of the outstanding shares of Adina Minerals.

Hochschild Mining, the precious metals company, has announced that its wholly owned subsidiary, Alberta, has satisfied the conditions of its previously announced offer to acquire all of the outstanding shares of Adina Minerals.

The shares, which represent approximately 81.49% of the outstanding stock, have been purchased for $0.80 per share in cash.

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