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Pengxin International Mining signs letter of intent to acquire Xueyin Mining

2019-07-26 16:43:20  【Print】
Pengxin International Mining announced on July 25 that the company recently signed a letter of intent with Turpan Xueyin Metal Mining Co.Asian Metal Copyright Before the signing and entry into force of the formal acquisition contract between the two parties, the net assets of Xueyin Mining after auditing at the end of 2018 were provisionally valued at 400 million yuan USD58.Asian Metal Copyright, Ltd.Asian Metal Copyright Before the signing and entry into force of the formal acquisition contract between the two parties, the net assets of Xueyin Mining after auditing at the end of 2018 were provisionally valued at 400 million yuan USD58.Asian Metal Copyright and its shareholder Yang Xueyin.Asian Metal Copyright and its shareholder Yang Xueyin.Asian Metal Copyright The company intends to acquire stakes of Xueyin Mining to achieve the goal of holding no less than 51%.Asian Metal Copyright, Ltd.Asian Metal Copyright Before the signing and entry into force of the formal acquisition contract between the two parties, the net assets of Xueyin Mining after auditing at the end of 2018 were provisionally valued at 400 million yuan (USD58.Asian Metal Copyright15 million US dollars and 51% of the shares were valued at 204 million yuan USD29.Asian Metal Copyright15 million US dollars) and 51% of the shares were valued at 204 million yuan (USD29.Asian Metal Copyright and its shareholder Yang Xueyin.Asian Metal Copyright66 million US dollars).

According to the data, Xueyin Mining was established in 2007 with a registered capital of 138 million yuan (USD20.06 million US dollars).Asian Metal CopyrightPengxin International Mining announced on July 25 that the company recently signed a letter of intent with Turpan Xueyin Metal Mining Co.Asian Metal Copyright The company is mainly engaged in the mining of polymetallic mines and other business with the main products including copper concentrate, zinc concentrate, tungsten concentrate, lead concentrate, industrial sulfuric acid and sulfuric acid slag.

.Asian Metal Copyright The company is mainly engaged in the mining of polymetallic mines and other business with the main products including copper concentrate, zinc concentrate, tungsten concentrate, lead concentrate, industrial sulfuric acid and sulfuric acid slag.Asian Metal Copyright