Zhaojin Mining Secures Gold Sales Agreement

Zhaojin Mining Industry Co (HK:1818) has released an update.

Zhaojin Mining Industry Co has entered into a Finished Gold Sales Framework Agreement with Zhaojin Jinye, effective from December 2024 to December 2026. This arrangement, involving the sale of finished gold, is classified as a continuing connected transaction under Hong Kong’s listing rules, requiring specific reporting and review processes. The agreement allows for flexibility in the quantity and pricing of gold based on market conditions and buyer demand.

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