Constantine Metal, Dowa Metals Extend Deadline for Concluding Joint Venture Agreement

By Midnight Trader,  January 02, 2013, 12:34:05 PM EDT

Constantine Metal Resources Ltd. (CEM.V) said that since announcing a non-binding letter agreement on November 5, 2012, which outlined principal terms and conditions, Dowa and the company have made considerable and positive progress towards finalizing the joint venture agreement.

To accommodate internal schedules for board approvals, Dowa and Constantine have mutually agreed to extend the deadline for concluding the agreement, and are currently targeting January for completion and signing.

CEM jumped 14% to 8 cents in moving closer to year high 12 cents.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks:



Latest News Video

Mom Allegedly Moons School Bus
Mom Allegedly Moons School Bus      
Teens Get Savvy on Social Media, XBox One Teases
Teens Get Savvy on Social Media, XB...
Sexting Scandal Ends High School Baseball Team's Playoff Run
Sexting Scandal Ends High School Ba...


Sign-in
Existing NASDAQ.com member? Log in here.

By signing into to the site using any of the third-party services above, you agree to NASDAQ.com's Terms of Use.

From Our Trusted News Source





Most Active by Volume:

Company Last Sale Change Net / %
BAC $ 13.24 0.03  0.23%
FB $ 24.32 0.74  2.95%
SIRI $ 3.58 0.04  0.99%
GE $ 23.53 0.13  0.55%
PFE $ 29.04 0.07  0.24%
MSFT $ 34.27 0.12  0.35%
INTC $ 23.93 0.12  0.50%
P $ 16.43 0.73  4.25%