Mount Everest Gold and China Silver Announce Joint Acquisition of 55% Stake in Jiangxi Yiding Trading Co., Ltd

Reuters
06-26
Mount Everest Gold and China Silver Announce Joint Acquisition of 55% Stake in Jiangxi Yiding Trading Co., Ltd

Mount Everest Gold Group Co. Ltd., in conjunction with China Silver Group Limited, announced an update to their joint acquisition of a 55% equity interest in Jiangxi Yiding Trading Co., Ltd. The Target Company holds a 100% equity interest in Xizang Shigatse Huaye Mining Development Co., Ltd. This acquisition is expected to bolster the companies' presence in the upstream mineral exploration sector. The acquisition includes a purchase by a wholly-owned subsidiary of Mount Everest Gold, acquiring a 35% equity interest in the Target Company for RMB3.5 million. The companies have assessed the consideration as fair and reasonable, aligning with their strategic objectives to diversify and capitalize on rising metal prices.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mount Everest Gold Group Co. Ltd. published the original content used to generate this news brief on June 26, 2025, and is solely responsible for the information contained therein.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

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