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Wednesday, November 30, 2011

Rio Tinto Succeeds in Bid for Hathor Exploration-Offer Extended to December 12, 2011

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 30, 2011) - Hathor Exploration Limited (TSX:HAT) ("Hathor") announces that Rio Tinto has confirmed that it has succeeded in its bid to acquire Hathor and that all of the conditions of the offer, made through an indirect wholly-owned Canadian subsidiary of Rio, have been satisfied.

Hathor has been advised that approximately 94,950,089 Hathor common shares were validly tendered by shareholders to the offer or held by an affiliate of Rio Tinto, representing 70.21 per cent of the outstanding Hathor common shares on a fully diluted basis.

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