Brief: Timeless Software unit receives notice for shut- down of mines

Timeless Resources Holdings

08/08/2017 12:03

Aug 8 (Reuters) - Timeless Software Ltd  8028.HK  
    * Unit received a notice dated 27 July 2017 from department 
of land and resources of yizhou district 
    * Notice in relation to compulsory shut- down of mines 
located in Xinjiang Lop Nur Wild Camel National Grade Natural 
Reserve 
    * Shut-Down will have no material financial impact to group 
& cost of related rehabilitation is yet to be estimated. 
    * At present, group has been negotiating with relevant 
regulatory authorities regarding mining rights of Tuchushan iron 
mine 
 
Source text for Eikon:  ID:nHKS71VKJg  
Further company coverage:  8028.HK  
 
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