Corriente Resources Inc. Copper Gold Exploration. TSX: CTQ


Recent News
Mar 28, 2011: Change of Address

Aug 4, 2010: CRCC-Tongguan Investment (Canada) Co., Ltd. completes compulsory aquisition and delists Corriente Resources Inc.'s Common Shares.

Jun 2, 2010: Appointment of new Officers

Jun 2, 2010: Appointment of new Directors

May 31, 2010: CRCC-Tongguan Investment (Canada) Co., Ltd. acquires approxiamately 96.9% of Corriente Resources Inc.

May 20, 2010: CRCC-Tongguan advises that all PRC apprivals have been obtained

April 26, 2010: CRCC-Tongguan Investment (CANADA) Co., Ltd. announces extension of it take-over bid for Corriente Resources to May 28, 2010

March 24, 2010: CRCC-Tongguan extends bid for Corriente to April 28, 2010

February 1, 2010: Offer and Directors' circular mailed in respect of c$8.60 per share offer by CRCC-Tongguan Investment (Canada) Co., Ltd. For Corriente Resources

December 28, 2009: CRCC-Tongguan Investment Co., Ltd. to acquire Corriente Resources Inc. for C$679 million in cash

November 9, 2009: Advance development work authorized for Mirador Project

November 5, 2009: Regulation to the Mining Law signed in Ecuador

July 20, 2009: Environmental Permit and Water Use Permit approved for Mirador Project, Ecuador

June 9, 2009: Ecuador signs copper development deal with Codelco

March 31, 2009: Negotiations continuing for potential sale of the company

March 25, 2009: Corriente provides update on Citi - CANACCORD Adams marketing process

March 17, 2009: Corriente receives official notice that all suspensions are lifted

March 2, 2009: Ecuador government official states that all suspensions of mining activities are lifted

December 16, 2008: Marketing process moves to exclusive negotiation stage

November 18, 2008: Ecuador government establishes tariff cuts to aid mining development

November 12, 2008: Ecuador government advances Zamora Hydroelectric Complex

October 28, 2008: Ecuador government grants license for copper concentrate project

October 21, 2008: Due diligence visits completed in Ecuador

July 31, 2008: Due diligence site visits underway in Ecuador

April 25, 2008: Corriente and Other Mining Companies Meet with President Correa and Top Officials: Correa Says Responsible Mining Will Go Ahead in Ecuador

April 21, 2008: Ecuador Constitutional Assembly - Mining Mandate Update

April 18, 2008: Ecuador Constitutional Assembly passes new Mining Mandate

April 3, 2008: Updated feasibility study for Mirador shows attractive starter project with major copper growth potential

January 31, 2008: Corriente initiates Panantza-San Carlos partnership process

December 10, 2007: Ecuador Ministry of Environment approves Machala Port EIA

December 5, 2007: Corriente's responsible mining activities supported by major Ecuadorian indigenous association

November 19, 2007: Preliminary assessment for Panantza-San Carlos copper project demonstrates positive economics and major copper investment potential in Ecuador

November 14, 2007: Ministry of Mines and Petroleum confirms that Corriente's mining claims are in good standing

October 29, 2007: Corriente resumes work on Mirador Environmental Impact Assessment Amendment

June 20, 2007: Panantza Copper Resources Continue to Grow

June 8, 2007: Gold Asset spin-off to be effective June 18, 2007

May 29, 2007: Environmental Impact Assessment update for Mirador

May 7, 2007: Plan of arrangement for gold asset spin-off sent to shareholders.

April 25, 2007: Communities push federal government to lift suspension at Mirador.

April 3, 2007: Corriente gold asset spin-off approved by Board.

January 25, 2007: Mirador project timeline extended.

 
Archived News
Technical Reports
Disclosure Statements


Mar 28, 2011
CHANGE OF ADDRESS

RICHMOND, BRITISH COLUMBIA, Mar 28, 2011 Effective Mar 28, 2011, Corriente Resources Inc. will change its address as follows:

Corriente Resources Inc.
Unit S209-5811 Cooney Road
Richmond, B.C. V6X 3M1
Phone: (604) 282-7212
Fax: (604) 282-7568

We look forward to all correspondence to this new address starting on the designated date.

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Aug 4, 2010
CRCC-TONGGUAN INVESTMENT (CANADA) CO., LTD. COMPLETES COMPULSORY ACQUISITION AND DELISTS CORRIENTE RESOURCES INC.'S COMMON SHARES
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VANCOUVER, BRITISH COLUMBIA, August 4, 2010 - Corriente Resources Inc. ("Corriente") and CRCC-Tongguan Investment (Canada) Co., Ltd. (the "Offeror") jointly announce that the Offeror, a wholly-owned direct subsidiary of CRCC-Tongguan Investment Co., Ltd. which is in turn a jointly-owned direct subsidiary of Tongling Nonferrous Metals Group Holdings Co., Ltd. and China Railway Construction Corporation Limited, has completed its compulsory acquisition of 2,443,898 common shares of Corriente (the "Common Shares") at a price of Cdn.$8.60 in cash per Common Share pursuant to the Notice of Compulsory Acquisition made under section 300 of the Business Corporations Act (British Columbia) and mailed to the holders of Common Shares who did not accept its offer dated February 1, 2010, as amended by the Notice of Extension dated March 25, 2010 and by the Notice of Extension dated April 26, 2010, to purchase all of the issued and outstanding Common Shares of Corriente. On May 31, 2010, the Offeror acquired 76,478,495 Common Shares of Corriente representing approximately 96.9% of the Common Shares of Corriente. As of August 4, 2010, the Offeror owns 78,922,393 Common Shares of Corriente representing 100% of the Common Shares of Corriente.

The Common Shares have ceased to be listed for trading on the Toronto Stock Exchange as of the close of markets on August 4, 2010 and were delisted on the NYSE Amex as of June 21, 2010. Corriente has filed with the applicable securities regulatory authorities in Canada and the U.S. the necessary documentation in order to cease to be a reporting issuer in all such jurisdictions as soon as reasonably practicable.

ABOUT TONGLING, CRCC AND THE OFFEROR

CRCC-Tongguan Investment Co., Ltd. is owned jointly by Tongling Nonferrous Metals Group Holdings Co., Ltd. and China Railway Construction Corporation Limited.

Tongling

Tongling is a state holding enterprise and an integrated mega-size PRC mining conglomerate, primarily engaged in copper mining, mineral processing, smelting & refining and copper products processing, as well as trade, scientific research and design, machine building, construction & installation, shaft & drift construction and other businesses. In 2008, Tongling was ranked No.2 in China and No.6 in the world in terms of copper cathode production. One of Tongling's subsidiaries, listed on the Shenzhen Stock Exchange, has a current market capitalization of over US$4 billion.

CRCC

CRCC is one of the largest integrated construction enterprises in China and in the world. The activities of CRCC comprise construction, survey, design and consultancy, manufacturing, logistics and goods and materials trade, capital investment operations and real estate development, among other things. It has established a leading position in plateau railways, high-speed railways, highways, bridges, tunnels and metropolitan railway engineering design and construction fields in the industry. CRCC businesses cover in China the 31 provinces, autonomous regions, municipalities, the Hong Kong and Macau Special Administrative Regions as well as over 60 foreign countries and regions in the world. CRCC was listed among the Fortune Global 500 companies, ranking No.252 in 2009, and was included among the Top 225 Global Contractors, ranking No.4 in 2009. The shares of CRCC are listed on the Hong Kong Stock Exchange and the Shanghai Stock Exchange, with a current market capitalization of over US$16 billion.

CRCC-Tongguan

CRCC-Tongguan, incorporated in China on December 10, 2009, is jointly owned by CRCC and Tongling. This is the first strategic partnership ever set up between CRCC and Tongling to jointly develop their global mining initiatives. Its businesses comprise mining investment, technical services of mine development, logistics, trade of mineral products, machinery and equipment, among other things.

For further information or to request a copy of the early warning report to be filed by the Offeror in connection herewith, please contact Jin Shouhua at (604) 687-0449

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Jun 2, 2010
APPOINTMENT OF NEW OFFICERS
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VANCOUVER, BRITISH COLUMBIA, June 2, 2010 - The Board of Directors ("the Board") of Corriente Resources Inc. ("Corriente") wishes to advise that the following Officers were appointed on May 31, 2010:

  • Li Dongqing, President
  • Jin Shouhua, Managing Vice President
  • Hu Guobin, Vice President, Corporate Secretary
  • Wang Zhaoqi, Chief Financial Officer

Corriente wishes to thank the former Officers for their years of outstanding contributions to the company.

"Jin Shouhua"

Jin Shouhua
Chairman, Corriente Resources Inc.

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Jun 2, 2010
APPOINTMENT OF DIRECTORS
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VANCOUVER, BRITISH COLUMBIA, June 2, 2010 - The Board of Directors ("the Board") of Corriente Resources Inc. ("Corriente") wishes to advise that the following Directors were appointed on May 31, 2010:

  • Jin Shouhua
  • Li Dongqing
  • Yu Xingxi
  • Hu Guobin

The Board wishes to advise that Jin Shouhua was appointed as the Chairman of the Board, and that Hu Guobin was appointed as Corporate Secretary. Corriente wishes to thank the former Board for its years of outstanding contributions to the company.

"Jin Shouhua"

Jin Shouhua
Chairman, Corriente Resources Inc.

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May 31, 2010
CRCC-TONGGUAN INVESTMENT (CANADA) CO., LTD. ACQUIRES APPROXIMATELY 96.9% OF CORRIENTE RESOURCES INC.
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VANCOUVER, BRITISH COLUMBIA, May 31, 2010 - CRCC-Tongguan Investment (Canada) Co., Ltd., (the "Offeror") and Corriente Resources Inc. ("Corriente") jointly announce that all of the terms and conditions to the Offeror's offer to purchase (the "Offer") all of the issued and outstanding common shares of Corriente at a price of Cdn.$8.60 in cash per common share have been satisfied prior to the expiry of the Offer at 5:00 p.m. (Vancouver time) on May 28, 2010. 76,478,495 common shares of Corriente have been validly deposited under the Offer and the Offeror has taken up and accepted for payment all of these common shares, which represent approximately 96.9% of the common shares of Corriente on a fully-diluted basis.

The Offeror is a wholly-owned direct subsidiary of CRCC-Tongguan Investment Co., Ltd. which is in turn a jointly-owned direct subsidiary of Tongling Nonferrous Metals Group Holdings Co., Ltd. and China Railway Construction Corporation Limited.

THIS NEWS RELEASE IS FOR INFORMATIONAL PURPOSES ONLY AND IS NOT AN OFFER TO BUY OR THE SOLICITATION OF AN OFFER TO SELL ANY SECURITIES.

"Kenneth R. Shannon"

Kenneth R Shannon
Chief Executive Officer

Corriente shareholders with questions or requests for a copy of the early warning report to be filed by the Offeror in connection herewith should contact:

Georgeson Shareholder Communications Canada, Inc.,
Information Agent for the Offer,
North American Toll Free Number: 1-866-374-0472
Banks and Brokers Collect Number: 1-212-806-6859
Email: gsproxygroup@gscorp.com

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May 20, 2010
CRCC-TONGGUAN ADVISES THAT ALL PRC APPROVALS HAVE BEEN OBTAINED
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Vancouver, British Columbia - Corriente Resources Inc. ("Corriente") wishes to advise that it has received written confirmation from CRCC-Tongguan Investment Co., Ltd. (the "Offeror") that all remaining government approvals required to be obtained in The People's Republic of China in connection with its offer to purchase all of the outstanding shares of Corriente have been obtained.

The obligation of the Offeror to take up the shares of Corriente deposited under the Offer remains subject to customary closing conditions as set out in the Offer documents, which are available on SEDAR.

The Offer, as previously extended, is scheduled to expire at 5:00 p.m. (Vancouver time) on Friday, May 28, 2010.

"Darryl F. Jones"

Darryl F. Jones
Chief Financial Officer

Corriente shareholders with procedural questions regarding the deposit of their shares should contact Georgeson Shareholder Communications Canada, Inc., the information agent for the Offeror, at:

North America Toll Free: 1-866-374-0472
Outside North America, Bank and Brokers Call Collect: +1 212-806-6859
Email: gsproxygroup@gscorp.com

Corriente Contact
Dan Carriere, Senior Vice-President
(604) 687-0449

Certain statements contained in this News Release constitute forward-looking statements within the meaning of the United States Private Litigation Reform Act of 1995 and applicable Canadian securities legislation. Forward-looking statements include among other things, statements regarding the structure and timing of the proposed transaction. Forward-looking statements are statements that are not historical facts and that are subject to a variety of risks and uncertainties, which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, but not limited to, the risk that any condition to the purchasers