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Zijin Mining plans to sell $1.2bn A-shares to fund Nevsun purchase
Wednesday, January 2, 2019 - 12:52:04 PM
www.miningweekly.com
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According to Mining News Pro - Zijin aims to sell up to 3.4-billion A shares to investors in China, in a plan which is subject to shareholder and regulatory approval, the firm said in a filing to the Hong Kong bourse late on Tuesday.
Nevsun agreed last September to a C$1.86-billion ($1.37-billion) buyout bid by Zijin, in a deal that trumped an earlier hostile takeover offer by Lundin Mining Corp.
http://www.miningnewspro.com/En/News/322411/Zijin Mining plans to sell $1.2bn A-shares to fund Nevsun purchase
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