Summary by Moomoo AI
ZHONGJIN MINING CO., LTD. (“CHINA GOLD MINING”) HAS UPDATED ITS TENDER OFFER FOR THE ACQUISITION OF THE ENTIRE SHARE CAPITAL OF TIETTO MINERALS LIMITED (THE “TARGET COMPANY”). China Gold Mining confirms that the voting rights of its indirect wholly owned subsidiary's fund capital have exceeded 50% of the target company, making the target company a subsidiary of China Gold Mining. Under company law, the contract period has been automatically extended to 7pm Eastern Australian Standard Time on 14 May 2014. All other terms and conditions of the Agreement remain unchanged, including the new Offer Price announced on 15 April 2014. China Gold Mining will announce any further significant developments related to this acquisition. Shareholders and potential investors should exercise caution and seek professional advice when needed.