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
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Company SummaryCanadian 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 NewsFriday, October 16, 2009 Jilin Jien Nickel Industry Co., Ltd., Goldbrook Ventures Inc., Jien Canada Mining Ltd., Jien International Investment Ltd. and Canadian Royalties Inc. announce that they have entered into a definitive support agreement, pursuant to which the board of directors of Canadian Royalties has agreed to support the making of the amended offers to acquire all of the issued and outstanding common shares and all of the 7% Convertible Senior Unsecured Debentures due March 31, 2015 of Canadian Royalties. Pursuant to the Support Agreement, the Offers will be amended to (i) increase the price offered per Share to $0.80 in cash; (ii) increase the price offered for the Debentures to $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 Debenture Offer; and (iii) extend the expiry of the Offers to 5:00 P.M. (Toronto time) on October 27, 2009. News ReleasesWednesday, October 21, 2009 Wednesday, October 14, 2009 Thursday, October 08, 2009 Map Legend: Producer Past Producer  Development  Exploration |
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