Business

Cliffs Natural Resources Inc. Receives Investment Canada Act Approval to Proceed With Consolidated Thompson Iron Mines Limited Acquisition

Apr. 12, 2011 (Canada NewsWire Group) -- > CLEVELAND, April 12, 2011 /CNW/ -- Cliffs N...

articleEnduro Metals CorporationApril 12, 20114/company/enduro-metals-corp/news/cliffs-natural-resources-inc-receives-investment-canada-act-approval-to-proceed-with-consolidated-thompson-iron-mines-limited-acquisition
Cliffs Natural Resources Inc. Receives Investment Canada Act Approval to Proceed With Consolidated Thompson Iron Mines Limited Acquisition

About this update from Enduro Metals Corporation

[{"type":"text","content":"\n\n\n Apr. 12, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\n >\n\nCLEVELAND, April 12, 2011 /CNW/ -- Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) today announced that the Minister of Industry has approved Cliffs proposed acquisition of Consolidated Thompson Iron Mines Limited (TSX: CLM), under the Investment Canada Act, on the basis that the transaction is likely to be a net benefit to Canada. Cliffs indicated the Chinese Ministry of Commerce's (MOFCOM) approval is required to proceed with the closing of the acquisition. Subject to MOFCOM's approval and certain other closing conditions, Cliffs anticipates closing the acquisition early in the second quarter of 2011.\n\n >\n\nTo be added to Cliffs Natural Resources' e-mail distribution list, please click on the link below:\n\n >\n\nCliffs Natural Resources Inc. is an international mining and natural resources company. A member of the S&P 500 Index, the Company is a major global iron ore producer and a significant producer of high- and low-volatile metallurgical coal. Cliffs' strategy is to continually achieve greater scale and diversification in the mining industry through a focus on serving the world's largest and fastest growing steel markets. Driven by the core values of social, environmental and capital stewardship, Cliffs associates across the globe endeavor to provide all stakeholders operating and financial transparency.\n\nThe Company is organized through a global commercial group responsible for sales and d...

More updates from Enduro Metals Corporation