Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
An announcement from China Vanadium Titano-Magnetite Mining Co., Ltd. ( (HK:0893) ) is now available.
China Vanadium Titano-Magnetite Mining Co., Ltd. has announced the extension of its Master Guarantee Agreement with Chengyu Vanadium and other borrowers, continuing until December 31, 2027. This agreement involves the company providing guarantees for loans previously secured by its former subsidiaries, Huili Caitong and Xiushuihe Mining, while Chengyu Vanadium provides a counter-indemnity to cover potential liabilities. The renewal of these guarantees, subject to shareholder approval, signifies the company’s ongoing commitment to addressing its contingent liabilities and ensuring good corporate governance practices. The agreement is crucial in maintaining financial stability and fulfilling corporate guarantees related to past indebtedness.
More about China Vanadium Titano-Magnetite Mining Co., Ltd.
China Vanadium Titano-Magnetite Mining Co., Ltd. is involved in the mining industry, primarily focusing on the extraction and processing of vanadium, titanium, and magnetite. The company operates within the minerals sector and engages in transactions related to loan guarantees and financial agreements with its subsidiaries and associated companies.
Average Trading Volume: 750
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €15.41M
Learn more about 0893 stock on TipRanks’ Stock Analysis page.
