Oct 15th, 2007, 22:10 | #1 |
Junior Member
注册日期: Mar 2007
帖子: 7
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中资加股开始启动 - GMN.V
Toronto, Canada. October 15, 2007 - GobiMin Inc. (“GobiMin” or the “Company”) is pleased to announce that following a strategic review and upon the recommendation of a leading Chinese securities firm, GF Securities Co., Ltd, GobiMin has authorized its 97% owned subsidiary, Xinjiang Yakesi Resources Co. Ltd. (“Yakesi”), to prepare an initial public offering, targeted for Mid 2008, on either the Shanghai or Shenzhen Stock Exchange. In the last year, GobiMin has embarked on a strategic review which aims to: a) enhance its profile in China in order to participate in the growing mergers and acquisitions in the sector; b) finance the development of its flagship Yellow Mountain nickel/copper deposit; c) finance potential acquisitions; d) tap into the world’s most dynamic capital market while retaining access to North American markets. GobiMin reached the conclusion that Yakesi’s IPO meets all above criteria in the best interest of its shareholders. Yakesi intends to issue approximately 25% of its shares, classified as “A Shares”, to the Chinese public subject to regulatory approval. Net proceeds will be used to fund the cost of developing the already permitted Yellow Mountain Deposit and for acquisitions. Pricing of the shares will depend on market conditions. |
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