China Mining Resources: Announcement on the progress of major asset purchases
I. Basic information on this major asset purchase
China Mining Resources Group Co., Ltd. (hereinafter referred to as the "Company") intends to acquire Cabot and its subsidiary Cabot G.B. through its wholly-owned subsidiary China Mining (Hong Kong) Rare Metal Resources Co., Ltd. 100% stake in Tanco, CSF Inc and CSF Limited.
On January 30, 2019, the 21st meeting of the 4th board of directors of the company reviewed and approved this "Major Asset Purchase of China Mining Resources Group Co., Ltd."