NEW DIRECTORS APPOINTEDCdn Royalties completes takeover management changes
2009-12-01 15:32 ET - News Release
Mr. Wu Shu reports
NEW DIRECTORS APPOINTED TO CANADIAN ROYALTIES' BOARD
Canadian Royalties Inc. has appointed Wu Shu, Wang Xing Rui, Xu Guang Ping, David Baker and Brian Grant to its board of directors. The new directors have been appointed in connection with the acquisition by Jien Canada Mining Ltd. of 85.4 per cent of the issued and outstanding common shares and 72.7 per cent of the 7-per-cent convertible senior unsecured debentures due March 31, 2015, of Canadian Royalties. In connection with these appointments, each of Glenn Mullan, R. Bruce Durham, Bryan Coates, Dr. Philippe Couillard, Bernard Guarnera, Michael Wilson, Andrew Pepper and Dr. Arthur Porter has resigned as a director of Canadian Royalties.