CMC china magnesium corporation limited

News: CMC China Magnesium Corporation Announces Agreement To Form A JV With Sovran White...

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    Oct 29 (Reuters) - China Magnesium Corporation Ltd (CMC) :

    • CHINA MAGNESIUM CORPORATION ANNOUNCES CONDITIONAL AGREEMENT TO FORM A JV WITH SOVRAN WHITE INTERNATIONAL PTE. LTD
    • TO ACQUIRE 20% STK IN JV IN CONSIDERATION FOR ISSUE BY CMC OF 60 MILLION ORDINARY SHARES TO SOVRAN WHITE AT A$0.07 PER SHARE
 
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