Tuesday, March 29, 2011

Riversdale Mining [ASX: RIV] - Trading halt requested

Riversdale Mining (ASX: RIV) has requested a trading halt for its ordinary securities prior to commencement of trading today, pending an important announcement regarding the takeover offer from Rio Tinto.

The request followed the receipt of a letter today from Rio Tinto, a copy of which is included with the attached announcement.

The letter states that RTJ remains in discussions with one of Riversdale's major shareholders and "believes that an outcome of those discussions is likely to emerge during the course of this morning".

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