BCC Shareholders Approve $1.8M MTC Investment

Source: http://www.cninfo.com.cn/cninfo-new/disclosure/szse_sme/bulletin_detail/true/1204441287?announceTime=2018-03-01 03:00

According to the above announcement:

The meeting was held at 2pm China time yesterday.

6 shareholders voted on the spot and online, representing 40.9872% of listed shares.

Those shareholders unanimously voted in favour of the resolution.

2 minority shareholders voted on the spot and online, representing 0.2355% of listed shares.

Those shareholders unanimously voted in favour of the resolution.

"股东大会形成的决议合法、有效。" in the announcement roughly translates:

"The resolutions formed at the general meeting are legal and valid."

Thanks to @bigdigger2 who spotted this first. Just thought I'd do as a separate thread to make it easier for readers.

PS. Remember this article from October ?

MetalsTech rockets on ‘game-changing’ Chinese investment

"A further 5 million shares will bring Wuxi’s stake in MTC to 15 per cent at which point it can take a seat on the board."

"Strategic alignment with a lithium-ion battery chemicals producer allows the company to look beyond spodumene concentrate production and towards investigating downstream processing opportunities, MetalsTech executive chairman Russell Moran said."

Source: https://**promotion blocked**/resources/metalstech-rockets-higher-game-changing-chinese-investment/

(Bolding / underlining is mine)

All personal opinion only, do your own research etc