TORONTO, Sept. 15 /CNW/ - Pala Investments Holdings Limited ("Pala")
today announced that they will host a conference call to discuss their premium
offer to acquire 100% of Rockwell's common shares. The offer is for $0.36 per
share in cash and includes the rights associated with the common shares under
the Rockwell shareholder rights plan.
The offer represents a premium of approximately 84.6% over the closing
price of Rockwell common shares on the Toronto Stock Exchange on September 8,
the day before the offer was announced.
Conference Call Details
Date: Tuesday, September 16, 2008
Time: 10 a.m. Eastern Time
Dial in Numbers:
North America Toll Free: 1-800-896-0105
Switzerland Toll Free: 0800896803
All Other Locations Direct: 212-231-2904
A recording of the call will be available until September 30 by calling
1-800-558-5253 toll free from North America or 416-626-4100 direct and
entering reservation number 21393695. The recording will also be available on
the Pala website, www.pala.com/rockwell on Wednesday, September 17.
Presentation Available For Download Prior to Call
Pala has prepared slides that they will speak to during the conference
call. The slides will be posted at 9:00 a.m. on Tuesday, September 16, one
hour prior to start of the conference call. Participants are invited to
download the slides at www.pala.com/rockwell.
About Pala Investments
Pala Investments Holdings Limited, based in Jersey, Channel Islands, is a
US$1.2 billion multi-strategy investment company with a particular focus on
mining and natural resource companies in both developed and emerging markets.
Pala Investments' exclusive investment advisor, Pala Investments AG, is a
Switzerland-based team with extensive experience within the mining and natural
resource sectors. Pala Investments seeks to assist companies in which they
have long-term shareholdings by providing strategic advice and innovative
Pala, thorough a wholly-owned subsidiary, on September 9 commenced an
offer to acquire 100% of the common shares of Rockwell. Completion information
about the offer can be obtained by referring to the offer and take-over bid
circular filed with Canadian securities regulators.
For further information:
For further information: John Lute, Lute and Company, (416) 929-5883