BRIEF-Huakan International announces going private transaction

March 17 (Reuters) - Huakan International Mining Inc HK.V :

* Announces going private transaction with its principal shareholders

* Says entered into amalgamation agreement with 0996059 b.c. ltd.pursuant to

which co will be taken private

* Under deal, the acquirors will, directly or indirectly, through the

amalgamation, pay $0.50 per share in cash

* Source text for Eikon News Search ID:nCCN9bsQ0f

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