09:43 AM EST - Sennen Resources Ltd. : and Liberty Silver Corp. announced an offer to acquire all the outstanding common shares of Sennen Resources. Under the offer, Sennen shareholders will receive 0.28 of a Liberty Silver common share for each Sennen common share, being an implied offer price per Sennen common share of $0.20. The offer represents a premium of 47.3% to the 20-day volume weighted average trading price ended July 13, being $0.135. This is also larger in comparison to the average takeover bid premium paid for mining companies listed on the Toronto Stock Exchange and TSX Venture Exchange over the past 12 months of 34.8%. The offer is valued at $13.36 million. Sennen Resources Ltd.
shares V.SN are trading unchanged at $0.15.
