Brief: China Silver Group enters MOU for acquisition of mining right
15/08/2016 13:24
Aug 15 (Reuters) - China Silver Group Ltd 0815.HK : * Voluntary announcement signing of a Memorandum Of Understanding regarding acquisition of mining right 0815.HK * Group entered into MOU with an independent third party in respect of a possible acquisition of 100% equity interest in Hanzhong Gold Polymetal Mining Ltd * Says the consideration to be satisfied in cash will not exceed RMB150 million * Targetco's net profit after tax is expected to be no less than RMB30 million for 2017 * Source text for Eikon ID:nHKS6BHJMH * ((Further company coverage: 0815.HK )) ((Bangalore.newsroom@thomsonreuters.com))
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