Turquoise Hill Resources

Turquoise Hill is an international mining company focused on the operation and further development of the Oyu Tolgoi copper-gold mine. The company was established in 1994 and is based in Montreal, Quebec, Canada.

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Rio Tinto plc Sponsored

(Kitco News) - Rio Tinto Chief Executive Jakob Stausholm said “Oyu Tolgoi is an outstanding asset with incredible people that will deliver significant long-term value for Rio Tinto and Mongolia.

Rio Tinto completes $3.1 billion acquisition of Turquoise Hill

LONDON--( BUSINESS WIRE )--Rio Tinto has completed its acquisition of Turquoise Hill Resources Ltd (TSX: TRQ) (NYSE: TRQ) (“Turquoise Hill”) for a consideration of approximately $3.1 billion1, simplifying its ownership of the world-class Oyu Tolgoi mine in Mongolia, significantly strengthening Rio Tinto's copper portfolio, and demonstrating its long-term commitment to the project and Mongolia.

Rio Tinto completes acquisition of Turquoise Hill

MONTREAL--( BUSINESS WIRE )--Turquoise Hill Resources Ltd. (TSX: TRQ) (NYSE: TRQ) (“Turquoise Hill” or the “Company”) today announced the completion of the transactions contemplated by the previously announced statutory plan of arrangement under section 195 of the Business Corporations Act (Yukon) (the “Arrangement”) involving the Company and Rio Tinto International Holdings Limited (“Rio Tinto”). Pursuant to the Arrangement, Rio Tinto acquired the approximately 49% of the issued and outstanding common shares of Turquoise Hill that Rio Tinto and its affiliates did not already own (the “Minority Shares”) for C$43.00 per share in cash.

Turquoise Hill Announces Completion of the Arrangement with Rio Tinto

MONTREAL--( BUSINESS WIRE )--Turquoise Hill Resources Ltd. (TSX: TRQ) (NYSE: TRQ) (“Turquoise Hill” or the “Company”) today announced that the Supreme Court of Yukon (the “Court”) has granted the final order (the “Final Order”) in connection with the previously announced statutory plan of arrangement under section 195 of the Business Corporations Act (Yukon), pursuant to which Rio Tinto International Holdings Limited (“Rio Tinto”) will acquire the approximately 49% of the issued and outstanding common shares of Turquoise Hill that Rio Tinto and its affiliates do not currently own (the “Minority Shares”) for C$43.00 per share in cash (the “Arrangement”). As announced in its news release dated December 9, 2022, the Arrangement was approved by the holders of common shares of the Corporation (the “Shareholders”) at a special meeting of the Shareholders held on December 9, 2022.

Turquoise Hill Announces Receipt of Final Order for Arrangement with Rio Tinto

LONDON--( BUSINESS WIRE )--Rio Tinto has received the required support from Turquoise Hill Resources Ltd (TSX: TRQ) (NYSE: TRQ) (“Turquoise Hill”) shareholders for its proposed acquisition of the approximately 49% of the issued and outstanding shares of Turquoise Hill that it does not currently own.

Rio Tinto acquisition of Turquoise Hill receives shareholder support

MONTREAL--( BUSINESS WIRE )--Turquoise Hill Resources Ltd. (TSX: TRQ) (NYSE: TRQ) (“Turquoise Hill” or the “Company”) today announced that at its special meeting of shareholders held earlier today on December 9, 2022, its shareholders approved the previously announced proposed plan of arrangement pursuant to which, among other things and subject to the satisfaction or waiver of all applicable conditions precedent, Rio Tinto International Holdings Limited (“Rio Tinto”) would acquire the approximately 49% of the issued and outstanding common shares of Turquoise Hill that Rio Tinto and its affiliates do not currently own for C$43.00 per share in cash (the “Arrangement”).

Turquoise Hill's Shareholders Approve Arrangement with Rio Tinto

Shareholders in Canada's Turquoise Hill will on Friday vote on a Rio Tinto $3.3 billion takeover offer that aims to give the Anglo-Australian miner more control over a giant Mongolian copper mine. The deal is far from a slam dunk.

Turquoise Hill's Friday vote on Rio Tinto takeover bid is hard to call

NEW ORLEANS--( BUSINESS WIRE )--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Turquoise Hill Resources Ltd. (NYSE: TRQ) to Rio Tinto Group (NYSE: RIO). Under the terms of the proposed transaction, shareholders of Turquoise Hill will receive C$43 in cash for each share of Turquoise Hill that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

TURQUOISE HILL INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Turquoise Hill Resources Ltd. - TRQ

MONTREAL--( BUSINESS WIRE )--Turquoise Hill Resources Ltd. (TSX: TRQ) (NYSE: TRQ) (“Turquoise Hill” or the “Company”) announced today that the Supreme Court of Yukon (the “Court”) has issued an order amending the interim order (as so amended, the “Amended Interim Order”) to, among other things, set a date for the postponed special meeting of Turquoise Hill shareholders (the “Special Meeting”). Pursuant to the Amended Interim Order, the Special Meeting will be held on December 9, 2022, at 12:00 p.m. (Montreal time) in person at Norton Rose Fulbright Canada LLP, 1 Place Ville Marie, Suite 2500, Chapleau Room, Montreal,Quebec, Canada, H3B 1R1 and in virtual format via live audio webcast at https://web.lumiagm.com/449028588. At the Special Meeting, shareholders will be asked to consider and, if thought advisable, pass a special resolution to approve the previously announced plan of arrangement (the “Arrangement”) under the Business Corporations Act (Yukon) (the “YBCA”) pursuant to which, among other things and subject to the satisfaction or waiver of all applicable conditions precedent, Rio Tinto International Holdings Limited (“Rio Tinto”) will acquire the approximately 49% of the issued and outstanding common shares of Turquoise Hill that Rio Tinto and its affiliates do not currently own (the “Minority Shares”) for C$43.00 per share in cash.

Turquoise Hill Announces New Meeting Date and Additional Information In Connection With Arrangement With Rio Tinto

MONTREAL--( BUSINESS WIRE )--Turquoise Hill Resources Ltd. (TSX: TRQ) (NYSE: TRQ) (“Turquoise Hill” or the “Company”) acknowledges the announcement by Rio Tinto International Holdings Limited (“Rio Tinto”) that it has terminated the previously announced agreements (the “Agreements”) between Rio Tinto and certain shareholders of the Company related to Pentwater Capital Management LP and SailingStone Capital Partners LLC (collectively, the “Named Shareholders”) and that it has made certain irrevocable commitments for the benefit of all minority shareholders. Rio Tinto's termination of the Agreements and its decision to provide the irrevocable commitments described below followed discussions between Rio Tinto and the Special Committee of the Board of Directors of the Company to resolve minority shareholder and public interest concerns with respect to the specific dissent and dispute resolution terms provided for in the Agreements to the Named Shareholders.

Turquoise Hill Acknowledges Announcement by Rio Tinto of Termination of Agreements with Certain Minority Shareholders of Turquoise Hill and Irrevocable offer to Dissenting Shareholders

MONTREAL--( BUSINESS WIRE )--Turquoise Hill Resources Ltd. (TSX: TRQ) (NYSE: TRQ) (Turquoise Hill or the Company) today announced its financial results for the period ended September 30, 2022. All figures are in U.S. dollars unless otherwise stated.

Turquoise Hill Announces Financial Results and Review of Operations for the Third Quarter of 2022

MONTREAL--( BUSINESS WIRE )--Turquoise Hill Resources Ltd. (TSX: TRQ) (NYSE: TRQ) (“Turquoise Hill” or the “Company”) will announce its third quarter financial results on Monday, November 14, 2022 before markets open in North America.

Turquoise Hill to Announce Third Quarter Financial Results on November 14, 2022

MONTREAL--(BUSINESS WIRE)--Turquoise Hill Announces Postponement of Special Meeting

Turquoise Hill Announces Postponement of Special Meeting

MONTREAL--(BUSINESS WIRE)--Turquoise Hill Postpones Special Meeting of Shareholders to November 15, 2022

Turquoise Hill Postpones Special Meeting of Shareholders to November 15, 2022

MONTREAL--(BUSINESS WIRE)--Turquoise Hill Acknowledges Announcement by Rio Tinto of Agreements with Certain Minority Shareholders of Turquoise Hill

Turquoise Hill Acknowledges Announcement by Rio Tinto of Agreements with Certain Minority Shareholders of Turquoise Hill

MONTREAL--(BUSINESS WIRE)--Turquoise Hill Announces Postponement of the Special Meeting regarding Proposed Arrangement with Rio Tinto to November 8, 2022

Turquoise Hill Announces Postponement of the Special Meeting regarding Proposed Arrangement with Rio Tinto to November 8, 2022

MONTREAL--(BUSINESS WIRE)--Turquoise Hill Announces extension of the proxy deadline for the Special Meeting to 6:00 p.m.

Turquoise Hill Announces extension of the proxy deadline for the Special Meeting to 6:00 p.m. (Eastern time) October 31, 2022

MONTREAL--(BUSINESS WIRE)--TRQ Board of Directors Remind Minority Shareholders to Vote FOR the Arrangement Resolution to Receive C$43.00 per share in Cash; a 67% Premium

Turquoise Hill Board of Directors Remind Minority Shareholders to Vote FOR the Arrangement Resolution to Receive C$43.00 per share in Cash; a 67% Premium

LONDON--(BUSINESS WIRE)--Rio Tinto has issued an open letter to the shareholders of Turquoise Hill Resources Ltd (TSX: TRQ) (NYSE: TRQ) (“Turquoise Hill”) outlining the future of TRQ and reiterating its long-term commitment to Oyu Tolgoi.

Rio Tinto issues letter to Turquoise Hill shareholders

MONTREAL--(BUSINESS WIRE)--TRQ Board of Directors Recommends that Minority Shareholders Vote FOR the Arrangement Resolution to Receive C$43.00 per share in Cash; a 67% Premium

Turquoise Hill Board of Directors Continues to Unanimously Recommend that Minority Shareholders Vote FOR the Arrangement Resolution to Receive C$43.00 per share in Cash; a 67% Premium

Institutional Shareholder Services Recommends Turquoise Hill Shareholders Vote “AGAINST” Rio Tinto's C$43/share Privatization Transaction

MONTREAL--(BUSINESS WIRE)--Turquoise Hill Resources Ltd.

Proxy Advisor Glass Lewis Recommends that Turquoise Hill Shareholders Vote “FOR” the Rio Tinto Go-Private Transaction

MONTREAL--(BUSINESS WIRE)--Turquoise Hill announces third quarter 2022 production and Oyu Tolgoi mine and funding update

Turquoise Hill Announces Third Quarter 2022 Production and Oyu Tolgoi Mine and Funding Update

HOUSTON--(BUSINESS WIRE)--SailingStone Capital Partners announced they are voting against Rio Tinto's proposed acquisition of Turquoise Hill Resources.

SailingStone Intends to Vote AGAINST the Plan of Arrangement Between Turquoise Hill and Rio Tinto

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