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0.0368421052631578 0.0473684210526315 0.0526315789473683 0.0526315789473683 0.0210526315789473 0.205263157894737 0.210526315789474 0.184210526315789
Stock impact report

TD Holdings Inc. Signs Letter of Intent with Chenzhou Dingmei Silver Co., Ltd. to Acquire Ownership of a Molybdenum Copper Ore in Kazakhstan

TD Holdings, Inc. (GLG)  More Company Research Source: PR Newswire
PDF SHENZHEN, China, March 17, 2021 /PRNewswire/ -- TD Holdings, Inc. (Nasdaq: GLG) (the "Company"), a commodities trading service provider in China, today announced that the Company and Tongdow E-Trade Limited ("Tongdow E-Trade"), a wholly owned subsidiary of the Company have entered into a letter of intent with Chenzhou Dingmei Silver Co., Ltd. ("Chenzhou Dingmei") for acquiring the ownership of a molybdenum copper ore in Kazakhstan. Pursuant to the LOI, Chenzhou Dingmei shall transfer 100% of the copper ore mine and 100% of the equity ownership of East Kazakhstan Group Company to GLG and Tongdow E-Trade for an aggregate consideration of RMB 98 million paid in shares and cash. The LOI also provides for the further investment of RMB 80 million by the Company for the construction of facilities and operations of the mine. Molybdenum copper often are metal ores with rare precious metals such as raw silver selenium rhenium tellurium. Molybdenum coppers are indispensable materials widely used [Read more]
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