【brewer yacht yard at mystic】Zijin Mining plans to sell $1.2 bln A-shares to fund Nevsun purchase

2024-09-29 12:22:53 分类：Fashion 阅读(4498)

HONG KONG,brewer yacht yard at mystic Jan 2 (Reuters) - Chinese gold miner Zijin Mining Group Co Ltd said it plans to sell up to 8 billion yuan ($1.16 billion) worth of new shares in Shanghai to help fund its purchase of Canada's Nevsun Resources Ltd .

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. ($1 = 6.8755 Chinese yuan renminbi) ($1 = 1.3625 Canadian dollars) (Reporting by Donny Kwok; editing by Richard Pullin)

【brewer yacht yard at mystic】Zijin Mining plans to sell $1.2 bln A-shares to fund Nevsun purchase