TORONTO, ONTARIO, Apr 06, 2010 (MARKETWIRE via COMTEX) -- CNNC Overseas Uranium Holding Ltd. ("Offeror") and Khan Resources Inc. ("Khan") jointly announced today that the Offeror has extended its offer to acquire all of the outstanding common shares of Khan at C$0.96 in cash per share (the "Offer"). The notice of extension being sent to Khan shareholders amends the Offer dated February 25, 2010 to extend the expiry date from 5:00 p.m. (Toronto time) on April 6, 2010 to 5:00 p.m. (Toronto time) on May 25, 2010.

The Offer is conditional upon, among other things, the Offeror having obtained all required approvals from the Government of China or any regulatory authority in China that are necessary to complete the Offer. The Offeror has informed Khan that it is extending the Offer as it is awaiting approval of the Offer from the Chinese government.