re: Ann: Emergent Signs Agreement with New St... Correction sorry :-)
Jiangsu Tiandilong Group Co., Ltd. provides color printing, copper manufacturing, alcohol, textile, trading and investment service. It has a copper production capacity of 250 Kilo tons per year. The company was founded in 1992 and is based in China.
1. Jiangsu Tiandilong Group Co. buys extra 20million shares and will own around 10% in Emergent Resources.
2. Newco = %55 Jiangsu Tiandilong Group Co. and %20 + %25 = 45% Emergent Resources are combining to form a new company on the ASX in 2012 only on the gold and base metals.
3. Emergent Resources will now only have the Beyondie iron ore to concentrate with and help from Jiangsu Tiandilong Group Co.
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