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

BAIYU Holdings

17/03/2021 08:22

March 17 (Reuters) - 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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