Feb 1 (Reuters) - Canada's Khan Resources Inc (KRI.TO) agreed to be bought by Beijing-based CNNC Overseas Uranium Holding Ltd in a deal that values the uranium explorer at C$56.5 million ($52.9 million) and gives the Chinese firm access to the Dornod field in Mongolia.
Khan Resources said CNNC, a subsidiary of China National Nuclear Corp, will pay 96 Canadian cents per share, which represents a 12 percent premium to Khan Resources closing price on Friday.
Click here to read more about CNCC’s purchase of Khan.
