Long Run Explor Ltd Ord WFREF

Changchung Sinoenergy just put out a press release

[uograd]

Showed up in my bmo investorline news.  Say they are going to do a PP to raise about 2.3 billion yuan part of which will be used to buy Long Run.

Press release came out at 9:27 est.

Their shares are remaining halted.

You would think if they they are going to raise the money they would know the deal has been approved both in China and here.

could be an interesting day.

[yetta]

FYI: Complete text... April 22 (Reuters) - Changchun Sinoenergy Corp 600856.SS> * Says it aims to raise up to 2.3 billion yuan ($354.06 million) in private placement of shares to fund project, acquisition, repay loans and replenish capital * Says part of proceeds to fund acquisition of Canada's Long Run Exploration 600856.SS> valued at C$787.8 million ($622.72 million) * Says share trade