Tuesday, August 11, 2009

China Attempts to Gain Canadian Royalties Inc.

Recently China has been making just about every effort possible to gain an ever growing amount of natural resources. We learned today that state-controlled Jilin Jien Nickel Industry Co. Ltd. launched a $148.5-million unsolicited takeover bid to gain control of mineral exploration company, Canadian Royalties Inc, so as to increase their resource supply.

No comments:

Post a Comment