Fortescue To Acquire Alta Copper

Dec 15 (Reuters) - Fortescue Ltd FMG.AX:

• FORTESCUE TO ACQUIRE ALTA COPPER

• ASX ALERT-FORTESCUE TO ACQUIRE ALTA COPPER

• ALTA COPPER SHAREHOLDERS WILL RECEIVE CASH CONSIDERATION OF C$1.40 PER SHARE

• ALTA COPPER SHAREHOLDERS TO RECEIVE CA$1.40 PER SHARE

• PROPOSES TO ACQUIRE REMAINING 64 PER CENT OF ALTA COPPER'S ISSUED AND OUTSTANDING COMMON SHARES

• TOTAL EQUITY VALUE FOR ALTA COPPER IS CA$139 MILLION