Brief: Zhaojin Mining Industry Says Disappointed That Tietto Board Has Not Seen Value In Cash Offer

Zhaojin Mining Industry

02/11/2023 23:20

Nov 3 (Reuters) - Zhaojin Mining Industry  1818.HK :
    * WE ARE DISAPPOINTED THAT TIETTO BOARD HAS NOT SEEN VALUE
IN OUR
CASH OFFER
    * BELIEVE CASH OFFER PROVIDES VALUE AND CERTAINTY FOR TIETTO
SHAREHOLDERS
    * WE WILL CONTINUE DISCUSSIONS WITH THE BOARD AND TIETTO
SHAREHOLDERS ON THE MERITS OF OUR PROPOSAL
    * HAVE AUSTRALIAN FIRB APPROVAL IN PLACE AND HAVE PROGRESSED
WORK
ON OBTAINING OTHER REQUIRED APPROVALS FOR DEAL
    * WELL PLACED TO OBTAIN ALL REQUIRED CHINESE REGULATORY
APPROVALS
FOR DEAL

Further company coverage:  1818.HK 

 ((Reuters.Briefs@thomsonreuters.com;))