By Marketwire,
April 16, 2009 at 1:43 PM
VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 16, 2009) - Western Prospector Group Ltd. (TSX VENTURE:WNP) ("Western") today announced that First Development Holdings Corporation, an indirect, wholly owned subsidiary of CNNC International has commenced and mailed its previously announced offer to acquire all of the issued and outstanding common shares (the "Shares") of Western for cash consideration of $0.56 per Share (the "Offer"). The mailing of the Offer and take-over bid circular is accompanied by the circular of the Western board of directors, in which the Western board unanimously recommends that the shareholders accept the Offer.