China's Zhaojin Mining buyout offer for Tietto Minerals now unconditional

Zhaojin Mining Industry Co

24/04/2024 05:23

April 24 (Reuters) - China's Zhaojin Mining Industry
 1818.HK  said on Wednesday that its A$733 million ($477.8
million) offer for Australia's Tietto Minerals  TIE.AX  had now
become unconditional.
    The Chinese gold miner also said that as of April 24, it
held a 16.24% stake in the Australian gold producer.
 
 ($1 = 1.5340 Australian dollars)

 (Reporting by Roshan Thomas in Bengaluru; Editing by Savio
D'Souza)
 ((Roshan.Thomas@thomsonreuters.com;))