Qinghai Salt Lake Industry Intents To Buy Around $300 Million Worth Of Shares In Highfield Resources Limited

Reuters

05-12

May 12 (Reuters) - Qinghai Salt Lake Industry Co Ltd <000792.SZ>::
*SAYS IT PLANS TO BUY AROUND $300 MILLION WORTH OF SHARES IN HIGHFIELD RESOURCES LIMITED
*SAYS IT SIGNED LETTER OF INTENT WITH HIGHFIELD RESOURCES LIMITED, YANKUANG ENERGY GROUP, AND EMR CAPITAL
*SAYS IT WILL GAIN ACTUAL CONTROL OF YANCOAL CANADA, HIGHFIELD RESOURCES AND ITS SOUTHEY, MUGA PROJECTS THROUGH GOVERNANCE ARRANGEMENTS

((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))
Source Date/Time = 12-MAY-202513:06:52 GMT

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