Lure of Anglo’s copper mines could test BHP’s spending resolve
BHP needs to offer at least a 40% premium over Anglo's share price for a new takeover bid, but its CEO has committed to spending discipline.
CALGARY, Oct. 17, 2011 /PRNewswire/ – Oilsands Quest Inc. (NYSE Amex: BQI) (“Oilsands Quest,” “OQI” or “the Company”) has entered into a $12 million securities purchase agreement with Socius CG II, Ltd., a subsidiary of Socius