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CANADIAN ROYALTIES INC.

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TSX:CZZ (CAD)  0.80 [0.00 (0.00%)] Nov 20 2009 - Close

FWB:CRQ (EUR)  0.48 [-0.00 (-0.41%)] Nov 20 2009 - Close

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800 RENE-LEVESQUE BLVD. WEST, SUITE 410
MONTREAL
Quebec
Canada, H3B 1X9
Phone: +1 (514) 879-1688
Fax: +1 514 879 1795
Toll Free: 1 877 219 4678

Company Summary

Canadian Royalties has initiated the development of an independent, stand-alone nickel-copper mine on its Nunavik Nickel Project, located 20 kilometers south of Xstrata Nickel's Raglan Mine in Nunavik, Québec. Canadian Royalties received its Environmental Certificate of Authorization on May 21, 2008 and Mine Leases for the Expo, Mesamax, Ivakkak and Mequillon sites of the Nunavik Nickel Project on July 29, 2008.

Company News

Tuesday, November 10, 2009
Jilin Jien Nickel Industry Co., Ltd., Goldbrook Ventures Inc., Jien Canada Mining Ltd. and Jien International Investment Ltd. announced today that a total of 68,478,888 common shares of Canadian Royalties Inc. and $97,362,000 principal amount of debentures of Canadian Royalties were validly tendered and taken up as of November 10, 2009 pursuant to the offers to acquire all of the issued and outstanding common shares and all of the 7% Convertible Senior Unsecured Debentures due March 31, 2015. All conditions of the Offers have been satisfied or waived. As a result of these tenders, Jien Canada has taken up, or already owned, approximately 76.66% of the outstanding Shares and approximately 70.81% of the outstanding Debentures of Canadian Royalties. Jien Canada confirms the receipt of approval of the Offers from the National Development and Reform Commission (NDRC) of the People’s Republic of China and that all other conditions of the Offers have been satisfied or waived.

News Releases

Monday, November 16, 2009
Monday, November 09, 2009
Friday, October 23, 2009
Wednesday, October 21, 2009

News on the Web

Mineral Properties Map

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