Tongguan Gold Group (HKG:0340) unit Grand Gallant Investments completed the acquisition of Wise Trend Investment from Jumbo China, a Nov. 7 Hong Kong bourse filing said.
Shares of the gold miner were up over 2% in Monday afternoon trading.
The parties first entered into an agreement regarding the purchase in March.
As compensation, the firm has issued 800 million shares to the seller under the deal.
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