Business
Yukon Counter Offer Accepted
Yukon Counter Offer Accepted.
About this update from Griffin Mining Limited
[{"type":"text","content":"\n Griffin Mining Ld\n01 May 2008\n\n\n GRIFFIN MINING LIMITED\n 60 St James's Street, London SW1A 1LE, United Kingdom\n Telephone: + 44 (0)20 7629 7772 Facsimile: + 44 (0)20 7629 7773\n E mail: [email protected]\n\n 1st May 2008\n\n\n RESPONSE TO YUKON ZINC CORPORATION\n\nGriffin Mining Limited ('Griffin' or 'the Company') has been notified in writing\nby Yukon Zinc Corporation ('Yukon Zinc') that the Board of Directors of Yukon\nZinc intend to accept a cash offer from Northwest Non Ferrous International\nInvestment Company Limited and Jinduicheng Molybdenum Group Limited (the '\nAcquirors') for the acquisition of all the issued common stock of Yukon Zinc for\na cash price of C$0.22 (twenty two Canadian cents) per share. The Acquiror's\noffer is subject to a five day stand still period allowing Griffin to amend or\nincrease its previous offer to Yukon Zinc of 18th April 2008.\n\nThe Company has notified Yukon Zinc that it does not intend to increase its\noffer for the shares of Yukon Zinc.\n\n\nFurther information\n\nMladen Ninkov - Chairman Telephone: +44(0)20 7629 7772\nRoger Goodwin - Finance Director\nGriffin Mining Limited\n\nAdrian Hadden Telephone: +44(0)20 7523 8353\nCollins Stewart Europe Limited\n\nGriffin Mining Limited's shares are quoted on the Alternative Investment Market\n(AIM) of the London Stock Exchange (symbol GFM).\n\n The Company's news releases are available on the Company's web site:\n www.griffinmining.com\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange BVEBFBBL \n ","length":2058,"tagName":"div"}]