Crowflight Receives a $150 Million Offer From Jinchuan Group INC

CROWFLIGHT MINERALS INC. (TSX:CML) reported that the company has received an offer letter from Jinchuan Group Ltd. to acquire all of the common shares of Crowflight in consideration for an aggregate cash payment of $150,000,000.

The press release is quoted as saying:

Crowflight Minerals Inc. (TSX:CML) is a Canadian junior mining company that owns the Bucko Lake Nickel Mine near Wabowden, Manitoba that recently resumed production. The Company also holds nickel, copper and Platinum Group Mineral (PGM) projects in the Thompson Nickel Belt and Sudbury Basin.

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