CTO citigold corporation limited
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Zhaojin Mining Invests in Citigold26 July 2010, Citigold...

  1. manfred1952
    613 Posts.
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    26/07/10
    21:59
    Post #: 6945629
    Zhaojin Mining Invests in Citigold
    26 July 2010, Citigold Corporation today announced that it has received an investment of $2,000,000 from Zhaojin Mining Industry Company Limited ("Zhaojin"), a Hong Kong stock exchange listed leading China gold producer with 7 million ounces of reserves and 360,000 ounces of annual production.

    Zhaojin, with 20 million shares, is now the 5th largest shareholder in Citigold. Negotiations continue for a larger deal that may see Zhaojin take a more substantial position in Citigold

    CTO Price at posting: 9.3¢ Sentiment: Buy Disclosure: Held
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