Jin Chengxin announced that the company plans to acquire 5% of CMH's shares and obtain control over it. The transaction consideration is 10 million US dollars and 4.4 million US dollars or 15.4 million US dollars with contingent consideration. After the transaction is completed, the company will hold 55% of CMH's shares through its holding subsidiary Veritas Resources AG and lead the subsequent development and construction of the Alacran copper, gold and silver mine. This transaction will constitute a related transaction and will not constitute a major asset restructuring. The transaction was reviewed and approved by the 22nd meeting of the 5th board of directors of the company, and there is no need to submit it to the company's shareholders' meeting for consideration

Zhitongcaijing · 05/08 09:09
Jin Chengxin announced that the company plans to acquire 5% of CMH's shares and obtain control over it. The transaction consideration is 10 million US dollars and 4.4 million US dollars or 15.4 million US dollars with contingent consideration. After the transaction is completed, the company will hold 55% of CMH's shares through its holding subsidiary Veritas Resources AG and lead the subsequent development and construction of the Alacran copper, gold and silver mine. This transaction will constitute a related transaction and will not constitute a major asset restructuring. The transaction was reviewed and approved by the 22nd meeting of the 5th board of directors of the company, and there is no need to submit it to the company's shareholders' meeting for consideration