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WATERDOWN, ONTARIO and COEUR D'ALENE, IDAHO--(Marketwire - July 13, 2012) - Opta Minerals Inc. ("Opta Minerals") (TSX:OPM) and WGI Heavy Minerals, Incorporated ("WGI") (TSX:WG) jointly announced today that the parties have entered into a support agreement (the "Support Agreement"), pursuant to which Opta Minerals has agreed, subject to the terms and conditions of the Support Agreement, to make an offer to acquire all of the outstanding common shares of WGI for C$0.60 in cash per share by way of a take-over bid (the "Offer"). |
