Brief: Tongguan Gold Says Entered Into Non-Legally Binding Memorandum Of Understanding
21/07/2023 10:20
July 21 (Reuters) - Tongguan Gold Group Ltd 0340.HK :
* ENTERED INTO A NON-LEGALLY BINDING MEMORANDUM OF
UNDERSTANDING
WITH VANTAGE INTERNATIONAL SARL
* UNDER MOU, CO INTENDS TO PROVIDE A LOAN TO VANTAGE AND/OR
ITS
HOLDING COMPANY
* IN CONSIDERATION OF PROVISION OF LOAN, CO HAVE RIGHT TO
ACQUIRE
CERTAIN PERCENTAGE OF SHAREHOLDINGS OF VANTAGE
* LOAN FOR DEVELOPMENT OF VANTAGE'S MINES
Source text for Eikon: ID:
Further company coverage: 0340.HK
((Reuters.Briefs@thomsonreuters.com;))
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