September 20, 2016 / 11:32 AM / a year ago

BRIEF-Geo-Jade Petroleum to acquire stake in investment firm that owns Canada's Bankers Petroleum

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Sept 20 (Reuters) - Geo-jade Petroleum Corp

* Says it revises asset acquisition plan, to acquire 96.7 percent stake in energy investment firm which owns Bankers Petroleum Ltd for about 3.36 billion yuan ($503.76 million)

* Says it plans to raise up to 3.2 billion yuan in private placement of shares to fund acquisition, project

Source text in Chinese: bit.ly/2cr5ZeL; bit.ly/2d4SIH9

Further company coverage: ($1 = 6.6699 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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