VANCOUVER, Dec. 17 /CNW/ - Sojitz Tungsten Resources, Inc. and Primary
Metals Inc. announced today that Sojitz Tungsten has acquired all of the
outstanding common shares of Primary Metals not previously acquired under
Sojitz Tungsten's takeover offer made on August 23, 2007, pursuant to the
compulsory acquisition procedure under the British Columbia Business
In addition, Primary Metals' common shares have been delisted from the
TSX Venture Exchange as of the close of trading on December 14, 2007. Primary
Metals will apply to securities regulators to cease to be a reporting issuer
under Canadian securities laws which, if granted, will relieve Primary Metals
from its public reporting obligations.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
For further information:
For further information: Kiyotaka Tomita, Sojitz Tungsten Resources,
Inc., Phone: (212) 704-6622, Email: firstname.lastname@example.org