Jinduicheng Molybdenum Group, Ltd. and Northwest Nonferrous International Investment Company, Limited Acquire Yukon Zinc Corpora
03 7월 2008 - 3:15AM
Marketwired
VANCOUVER, BRITISH COLUMBIA ("Yukon Zinc) is pleased to announce
that the acquisition of Yukon Zinc by Jinduicheng Molybdenum Group,
Ltd. and Northwest Nonferrous International Investment Company,
Limited (collectively, the "Investors") has been completed.
The TSX Venture Exchange halted trading in the common shares of
Yukon Zinc at the close of the market on June 26, 2008, and Yukon
Zinc's common shares will cease to be listed for trading on the TSX
Venture Exchange.
Yukon Zinc intends to file with the applicable Canadian
securities regulatory authorities the necessary documentation to
cease to be a reporting issuer in all of the jurisdictions in which
it is currently a reporting issuer.
Advisors and Counsel
Yukon Zinc's legal counsel and financial advisors are Lang
Michener LLP and Paradigm Capital Inc., respectively. The Investors
legal and financial advisers are Davies Ward Phillips &
Vineberg LLP and BMO Capital Markets, respectively.
About Yukon Zinc
Yukon Zinc is a TSX Venture Exchange listed company based in
Vancouver. It is focused on development of its silver-rich
Wolverine Project in southeast Yukon and its large exploration land
holdings in the Finlayson and Rancheria Districts. A bankable
feasibility study was completed for the Wolverine Project by
Wardrop Engineering in January 2007 indicating favourable project
economics. The Project has all of its main development permits and
enjoys strong support from the Yukon Government and its local First
Nations communities.
Cautionary Note Regarding Forward-Looking Statements
This news release contains statements which are, or may be
deemed to be, "forward looking statements", which are prospective
in nature. Forward-looking statements are not based on historical
facts, but rather on current expectations and projections about
future events, and are therefore subject to risks and uncertainties
which could cause actual results to differ materially from the
future results expressed or implied by the forward-looking
statements. Such statements are qualified in their entirety by the
inherent risks and uncertainties surrounding future expectations.
Readers are cautioned not to put undue reliance on forward-looking
statements.
12G: 82-4603
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy of this news release.
Contacts: Yukon Zinc Corporation Dr. Harlan Meade President and
CEO (604) 682-5474 or Toll Free: 1-877-682-5474 Yukon Zinc
Corporation Shae Dalphond Manager, Investor Communications (604)
682-5474 or Toll Free: 1-877-682-5474 (604) 682-5404 (FAX)
International Toll Free: 1-800-8682-5474 Email: info@yukonzinc.com
/ Website: www.yukonzinc.com
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