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BRIEF-TD Holdings Says Signs Letter Of Intent With Chenzhou Dingmei Silver Co Ltd To Acquire Ownership Of Molybdenum Copper Ore In Kazakhstan

· 03/17/2021 04:22
BRIEF-TD Holdings Says Signs Letter Of Intent With Chenzhou Dingmei Silver Co Ltd To Acquire Ownership Of Molybdenum Copper Ore In Kazakhstan

- TD Holdings Inc GLG.O:

  • SIGNS LETTER OF INTENT WITH CHENZHOU DINGMEI SILVER CO., LTD. TO ACQUIRE OWNERSHIP OF A MOLYBDENUM COPPER ORE IN KAZAKHSTAN

  • DEAL FOR AN AGGREGATE CONSIDERATION OF RMB 98 MILLION PAID IN SHARES AND CASH

  • LOI ALSO PROVIDES FOR FURTHER INVESTMENT OF RMB 80 MILLION BY COMPANY FOR CONSTRUCTION OF FACILITIES AND OPERATIONS OF MINE

Source text for Eikon: ID:nPn6m3fhka

Further company coverage: GLG.O


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