New Millennium negotiates Tata exclusivity extensiNEW MILLENNIUM ANNOUNCES DISCUSSIONS WITH TATA STEEL REGARDING AN EXTENSION OF TATA STEEL'S EXCLUSIVITY PERIOD
As a result of recent market activity, New Millennium Capital Corp. has, in conjunction with its financial advisers, Jennings Capital and CITIC Securities, been in discussions with Tata Steel regarding an extension of Tata Steel's exclusivity period, which expires today, to enter into a binding agreement with respect to development of NML's taconite projects. A further announcement will be made if and when an extension agreement is executed by the parties in that regard.