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BRIEF-Zijin Mining Group updates On Progress Of Acquisition Of Stake In Continental Gold

Published 2020-02-27, 07:48 a/m
© Reuters.  BRIEF-Zijin Mining Group updates On Progress Of Acquisition Of Stake In Continental Gold
601899
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Feb 27 (Reuters) - Zijin Mining Group Co Ltd 601899.SS :

* UPDATES ON PROGRESS OF ACQUISITION OF EQUITY INTEREST IN CONTINENTAL GOLD INC

* ALL DOMESTIC & OVERSEAS APPROVALS OR FORMALITIES FOR PROPOSED ACQUISITION OF STAKE IN CONTINENTAL GOLD HAVE BEEN COMPLETED

* GOLD MOUNTAINS (H.K.) INTRODUCED COOPERATION PARTNERS TO SUBSCRIBE FOR CERTAIN EQUITY INTEREST IN ZIJIN AMERICA

* ALL SHAREHOLDERS OF ZIJIN AMERICA WILL TOTALLY INVEST USD1.378 BILLION IN CASH

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