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港股异动 | 蒙古焦煤(00975)现涨近5% 公司拟收购蒙古铜矿勘探公司 有助公司实现业务多元化

Hong Kong stocks movement | MONGOL MINING (00975) is up nearly 5% as the company plans to acquire a Mongolian copper exploration company, which will help the company achieve business diversification.

Zhitong Finance ·  Jan 2 17:32

MONGOL MINING (00975) is currently up nearly 5%. As of the time of writing, it has increased by 4.26%, trading at 7.34 Hong Kong dollars, with a transaction volume of 10.8934 million Hong Kong dollars.

According to Zhituo Finance APP, MONGOL MINING (00975) is currently up nearly 5%, as of the time of writing, it has risen by 4.26%, reported at HKD 7.34, with a transaction volume of HKD 10.8934 million.

In news, MONGOL MINING previously announced plans to purchase 50.5% of the issued and outstanding shares of Universal Copper LLC at a purchase price of USD 20.5 million. The announcement reveals that Universal Copper LLC is primarily engaged in the exploration of Copper and Other Nonferrous Metals and holds three special licenses for mineral exploitation.

The Board of Directors of MONGOL MINING stated that this proposed acquisition may diversify the company's revenue sources and reduce dependence on a single Commodity. In addition, this acquisition underscores the efforts made in accordance with the company's main strategy, including exploring business opportunities and expanding and diversifying its Business through potential strategic partnerships and joint ventures, while primarily identifying potential investment targets in Mongolia.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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