Jinchuan bids 150 million Canada dollars for Canadian nickel firm

摘要

JINCHUAN Group Ltd, the largest producer of nickel in China, has made a 150 million Canada dollars (150 million US dollars) cash offer for Canadian nickel miner Crowflight Minerals Inc. Jinchuan's offer equates to approximately 0.26 Canada dollars/share, a 47% premium to the closing price prior to the announcement.