Jingui Silver to acquire 100% shares of Junlong Mining at RMB380 million

According to the announcement of Jingui Silver on the evening of July 11th, it will purchase 100% shares of Tibet Junlong Mining at RMB380 million and will pay it through its own funds and special loans.Asian Metal Copyright After this transaction, Jingui Silver will not only have a certain competition on lead, zinc, silver ore resources and mining ability, but also expand its reserves of mining resources.Asian Metal Copyright Junlong Mining holds right of detailed exploration on lead polymetallic mines and right of general exploration on copper mines issued by the Land and Resource Department of Tibet Autonomous Region.Asian Metal Copyright Junlong Mining holds right of detailed exploration on lead polymetallic mines and right of general exploration on copper mines issued by the Land and Resource Department of Tibet Autonomous Region.Asian Metal Copyright After this transaction, Jingui Silver will not only have a certain competition on lead, zinc, silver ore resources and mining ability, but also expand its reserves of mining resources.
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