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News: TIE Zhaojin Mining Industry Says Disappointed That Tietto Board Has Not Seen Value In Cash...

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    03/11/23
    10:25
    Post #: 70706764

    Nov 3 (Reuters) - Zhaojin Mining Industry 1818.HK :

    • WE ARE DISAPPOINTED THAT TIETTO BOARD HAS NOT SEEN VALUE IN OUR CASH OFFER
    • BELIEVE CASH OFFER PROVIDES VALUE AND CERTAINTY FOR TIETTO SHAREHOLDERS
    • WE WILL CONTINUE DISCUSSIONS WITH THE BOARD AND TIETTO SHAREHOLDERS ON THE MERITS OF OUR PROPOSAL
    • HAVE AUSTRALIAN FIRB APPROVAL IN PLACE AND HAVE PROGRESSED WORK ON OBTAINING OTHER REQUIRED APPROVALS FOR DEAL
    • WELL PLACED TO OBTAIN ALL REQUIRED CHINESE REGULATORY APPROVALS FOR DEAL

    (([email protected];))

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