Brief: Wanguo International Mining Group Updates On Possible Disposal and Possible Subscription

Wanguo Gold

19/11/2018 13:38

Nov 19 (Reuters) - Wanguo International Mining Group Ltd
 3939.HK :
    * VICTOR SOAR AND ACHIEVE AMPLE INTEND TO SELL 80 MILLION,
SHARES,
AS AT NOV 19 TO  AN INDEPENDENT THIRD PARTY
    * POTENTIAL BUYER ALSO PLANS TO BUY FROM CHENG TUN 70
MILLION
SHARES OF CO
    * PURSUANT TO MOU, CO PLANS TO ISSUE 232 MILLION SHARES TO
BE
SUBSCRIBED BY POTENTIAL BUYER
    * AT NOV 19, NEGOTIATIONS IN PROGRESS & NO MOU AND/OR FORMAL
SALE,
PURCHASE AGREEMENT BEEN ENTERED WITH CHENGTUN MINING
    * APPLIED FOR RESUMPTION OF TRADING IN SHARES WITH EFFECT
FROM
9:00 A.M. ON 20 NOV

Source text for Eikon:  ID:nHKS7WZP1n 
Further company coverage:  3939.HK 

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