News - Tongling visitYeah baby...will be picking up a few more shares today...
Canada Zinc Metals Corp (C:CZX)
Shares Issued 88,468,914
Last Close 10/9/2009 $0.41
Tuesday October 13 2009 - News Release
Mr. Peeyush Varshney reports
MEETING WITH TONGLING NONFERROUS METALS GROUP
Canada Zinc Metals Corp. (TSX Venture:CZX) ("Canada Zinc" or the Company) is pleased to report that the Company's President and CEO, Peeyush Varshney, and Vice President of Exploration, John Fraser, were invited to, and are currently in, China to meet with senior representatives of Tongling Nonferrous Metals Group Holdings Co. Ltd. ("Tongling"). In June 2009, Tongling, a state-owned holding company and one of China's largest copper smelting companies, purchased 11.5 million units of the Company at a price of $0.425 cents per unit and now holds a 13-per-cent equity position in Canada Zinc Metals. Tongling's principal activities are exploration, mining, ore processing, smelting and refining and products processing of copper, lead, zinc, gold, silver and other non-ferrous and rare metals.