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Article: Jien Canada's Current Offers Are Full and Final; - Offers will expire on November 10, 2009 if the required two-thirds minimum support conditions from both the shareholders and debentureholders are not received - The all cash Offers are an attractive alternative to an expected extended process of restructuring for Canadian Royalties - one that holds an uncertain outcome for securityholders.
- Article from:
- Marketwire Canada
- Article date:
- November 5, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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VANCOUVER, BRITISH COLUMBIA, Nov 5, 2009 (Marketwire via COMTEX) -- Jilin Jien Nickel Industry Co., Ltd. ("Jilin Jien"), Goldbrook Ventures Inc. ("Goldbrook") (TSX VENTURE:GBK), Jien Canada Mining Ltd., and Jien International Investment Ltd. (collectively "Jien Canada") announced today that, contrary to speculation put forward by Jaguar Financial Corporation in press releases dated November 2 and November 4, 2009 with respect to Jien Canada's Offers for Canadian Royalties Inc. ("Canadian Royalties"), in the circumstance that Jien Canada does not meet the minimum tender conditions by the expiry of its Offers on November 10, 2009 it will not take up any tendered shares or ...
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Article: Canadian Royalties board rejects Jien Canada's ...
China Business News;
August 27, 2009 ;
681 words
... ... reject the takeover offer from Jien Canada Mining Ltd. Glenn Mullan ... the announcement that the Jien Canada offer substantially undervalues ... a relatively low level. Jien Canada, a joint venture set up by Jilin Jien Nickel Industry Co. Ltd ...
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