Brief: Xinjiang Xinxin Mining Industry updates on transaction in relation to provision of guarantee

Xinjiang Xinxin Mining Industry Co

05/04/2017 11:51

April 5 (Reuters) - Xinjiang Xinxin Mining Industry Co Ltd 
 3833.HK  
    * On 1 april 2017, company, as a guarantor, entered into 
guarantee agreement in favour of bank 
    * Loan will be utilised for supplementing working capital of 
hami hexin 
    * Agreed to provide guarantee, for due performance of 
repayment obligations of Hami Hexin to bank up to rmb15.5 mln 
    * Co to provide guarantee, in proportion to equity holding 
in Hami Hexin, for due performance of repayment obligations of 
Hami Hexin 
 
Source (http://bit.ly/2nJlYIm) 
Further company coverage:  3833.HK  
 
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