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Continental Updates Status of Arrangment with Jinchuan Group
Feb. 18, 2011 03:31PM PST
Battery MetalsContinental Minerals Corporation (CVE:KMK,OTCBB:KMKCF) announced a delay of its vote on a statutory Plan of Arrangment with Jinchuan Group.
Continental Minerals Corporation (TSXV:KMK,OTCBB:KMKCF) announced a delay of its vote on a statutory Plan of Arrangment with Jinchuan Group.
The press release is quoted as saying:
Delaying the vote was necessitated by the need to clear certain remaining US Securities and Exchange Commission requirements. The Company is also advised by Jinchuan that it has obtained the key Chinese National Development and Reform Commission approval and believes that the other required Chinese regulatory approvals are in process and will be issued in the near future.