09:49 AM EST - First Quantum Minerals Ltd. : announced today that Inmet Mining’s Board of Directors, on the recommendation of its Special Committee of independent directors and with input from its and the Special Committee's financial and legal advisors, recommends that Inmet shareholders reject the unsolicited offer by First Quantum to acquire Inmet for consideration of (a) cash, (b) First Quantum shares, or (c) a combination of cash and shares, and not tender their shares to the First Quantum Offer. First Quantum Minerals Ltd.
shares T.FM are trading down $0.14 at $21.19.
