UPDATE 2-China's Jien set to take control of Canadian Royalties

* Says majority of investors tender shares, debentures

* Extends offer until Nov 24

* Jien looking to retain employees: Canadian Royalties CEO

* Canadian Royalties shares up about 7 pct (Recasts; adds details, CEO comments, share movement)

By Ashutosh Joshi

BANGALORE, Nov 11 (Reuters) - Jilin Jien's (600432.SS) bid to take control of early-stage miner Canadian Royalties (CZZ.TO) looked increasingly likely, after the No. 2 Chinese nickel producer said its tender offer had received support from a majority of Canadian Royalties' investors.

Jien Canada, the joint venture formed by Jilin Jien and Canada's Goldbrook Ventures (GBK.V) said more than 70 percent of shares and 76 percent of debentures of Canadian Royalties have been tendered so far, and said it extended the expiry of its offer for the remaining holdings until Nov. 24.

The JV needed the support of both two-thirds of shareholders and debenture holders to complete the C$192 million deal to acquire Canadian Royalties.

"I think it's a reasonable expectation that the deal will move forward now," Canadian Royalties Chief Executive Glenn Mullan said by phone.