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Article: Update from Canadian Royalties Regarding Jien Offers.
- Article from:
- Marketwire Canada
- Article date:
- November 9, 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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MONTREAL, QUEBEC, Nov 9, 2009 (Marketwire via COMTEX) -- Canadian Royalties Inc. (the "Company", or "Canadian Royalties") (TSX:CZZ) reminds securityholders that the amended offers (the "Jien Offers") made by Jien Canada Mining Ltd. ("Jien") to acquire all of the issued and outstanding common shares (the "Shares") and all of the 7% Convertible Senior Unsecured Debentures due March 31, 2015 (the "Debentures") of Canadian Royalties for $0.80 per Share (the "Share Offer") and $800 per $1,000 principal amount of Debentures, plus accrued and unpaid interest up to, but excluding, the date the Debentures are taken up under the Jien Offers (the "Debenture Offer") are scheduled to ...