RNS Number:5430T
Griffin Mining Ld
01 May 2008
GRIFFIN MINING LIMITED
60 St James's Street, London SW1A 1LE, United Kingdom
Telephone: + 44 (0)20 7629 7772 Facsimile: + 44 (0)20 7629 7773
E mail: griffin@griffinmining.com
1st May 2008
RESPONSE TO YUKON ZINC CORPORATION
Griffin Mining Limited ("Griffin" or "the Company") has been notified in writing
by Yukon Zinc Corporation ("Yukon Zinc") that the Board of Directors of Yukon
Zinc intend to accept a cash offer from Northwest Non Ferrous International
Investment Company Limited and Jinduicheng Molybdenum Group Limited (the "
Acquirors") for the acquisition of all the issued common stock of Yukon Zinc for
a cash price of C$0.22 (twenty two Canadian cents) per share. The Acquiror's
offer is subject to a five day stand still period allowing Griffin to amend or
increase its previous offer to Yukon Zinc of 18th April 2008.
The Company has notified Yukon Zinc that it does not intend to increase its
offer for the shares of Yukon Zinc.
Further information
Mladen Ninkov - Chairman Telephone: +44(0)20 7629 7772
Roger Goodwin - Finance Director
Griffin Mining Limited
Adrian Hadden Telephone: +44(0)20 7523 8353
Collins Stewart Europe Limited
Griffin Mining Limited's shares are quoted on the Alternative Investment Market
(AIM) of the London Stock Exchange (symbol GFM).
The Company's news releases are available on the Company's web site:
www.griffinmining.com
This information is provided by RNS
The company news service from the London Stock Exchange
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