BRIEF-Changchun Sinoenergy plans acquisition of Canada's Long Run Exploration

Fri Apr 22, 2016 9:27am EDT
 
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April 22 (Reuters) - Changchun Sinoenergy Corp

* 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 valued at C$787.8 million ($622.72 million)

* Says share trade to remain suspended

Source text in Chinese: bit.ly/1VGFL9t; bit.ly/1SAnqtQ; bit.ly/26joWoc

Further company coverage: ($1 = 6.4960 Chinese yuan renminbi) ($1 = 1.2651 Canadian dollars) (Reporting by Hong Kong newsroom)