RE: RE: Chinese can act quickly when they want to: My bad HVan --- and then there's this to show that deadline extensions in China deals are not unheard of................
Cons Thompson, WISCO extend investment deadline
2009-05-04 11:34 ET - News Release
Mr. Richard Quesnel reports
CONSOLIDATED THOMPSON PROVIDES UPDATE ON US$240
MILLION STRATEGIC INVESTMENT FROM WUHAN IRON AND STEEL
GROUP
Consolidated Thompson Iron Mines Ltd. has provided an update on the previously announced strategic investment by
Wuhan Iron and Steel (Group) Corp. one of China's largest steel producers, into Consolidated Thompson.
Both Consolidated Thompson and WISCO remain committed to completing the transaction as soon as possible. As
closing remains subject to approval by the Chinese government as well as approval of regulatory authorities in both
countries, including the Toronto Stock Exchange. Consolidated Thompson has applied to the Toronto Stock Exchange to
extend the price protection in respect of the issuance to WISCO of Consolidated Thompson common shares at a deemed
price of $2 to June 1, 2009. Consolidated Thompson and WISCO have agreed to extend the deadline to complete the
transaction to June 1, 2009.
We seek Safe Harbor.