April 22, 2016 / 1:32 PM / a year ago

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

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)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below