China Rare Earth to acquire equity in Zhongxi (Liangshan)

On October 30, China Rare Earth Resources and Technology Co.Asian Metal Copyright The company plans to acquire equity in Zhongxi Liangshan Rare Earth Co.Asian Metal Copyright, Ltd.Asian Metal Copyright announced that it had received a "Notice on the Planning of a Major Asset Restructuring" from China Rare Earth Group Co.Asian Metal Copyright announced that it had received a "Notice on the Planning of a Major Asset Restructuring" from China Rare Earth Group Co.Asian Metal Copyright by issuing shares and raise matching funds.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright The company plans to acquire equity in Zhongxi (Liangshan) Rare Earth Co.Asian Metal CopyrightOn October 30, China Rare Earth Resources and Technology Co.Asian Metal Copyright, Ltd.Asian Metal Copyright announced that it had received a "Notice on the Planning of a Major Asset Restructuring" from China Rare Earth Group Co.Asian Metal Copyright by issuing shares and raise matching funds.

The transaction is expected to constitute a major asset restructuring and a related-party transaction, but will not constitute a restructuring listing (backdoor listing). As of the announcement date, the transaction is still in the planning stage, and the company expects to disclose the transaction plan within no more than 10 trading days.

.Asian Metal Copyright, LtdAsian Metal Copyright