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(AMM) Crowflight, Jinchuan still in takeover talks

September 03, 2010 - 21:32 GMT Location: NEW YORK

KEYWORDS: Crowflight Minerals , Jinchuan Group , iron ore

Crowflight Minerals Inc.'s negotiations with China's Jinchuan Group Ltd. regarding the takeover of the Canadian junior continue even though the deadline for an agreement has passed.

Jinchuan's Canadian $150-million ($144-million) takeover bid was valid until Aug. 31, but talks between the two companies continue, Crowflight said Friday. Crowflight plans to extend the validity...

All material subject to strictly enforced copyright laws. © Euromoney Institutional Investor PLC.

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