09:57 AM EST - Turquoise Hill Resources Ltd. : Acknowledged receipt of a non-binding proposal from Rio Tinto International Holdings Ltd., which Rio Tinto has separately announced by press release issued earlier today, outlining its proposal to acquire the approximately 49% of the outstanding shares of Turquoise Hill held by the Company's minority shareholders (approximately 99 million common shares) for cash consideration of $34.00 per share. Turquoise Hill Resources Ltd.
shares T.TRQ are trading up $8.25 at $33.93.
