CITIC Metal confirms completion of confirmatory due diligence and receipt of CITIC internal approvals necessary to complete its C$723 million investment in Ivanhoe Mines
Turquoise Hill Resources Ltd. Ordinary Shares (TRQ)
US:NYSE Investor Relations:
turquoisehill.com/s/investors.asp
Company Research
Source: GlobeNewswire
Zijin Mining has fully exercised its anti-dilution rights, which will generate an additional C$78 million Funds will be used to advance Ivanhoe’s three world-scale mine-development projects in Southern Africa BEIJING, China, July 08, 2018 (GLOBE NEWSWIRE) -- Robert Friedland, Executive Chairman of Ivanhoe Mines (TSX:IVN) (OTCQX:IVPAF), and Lars-Eric Johansson, Chief Executive Officer, announced today that CITIC Metal Co., Ltd. (CITIC Metal), a wholly-owned subsidiary of CITIC Limited (CITIC), has completed its confirmatory due diligence and has received CITIC internal approvals necessary to complete the long-term, strategic cooperation and investment agreement with Ivanhoe Mines. The attainment of the milestones immediately followed a high-level site visit by senior CITIC and Ivanhoe Mines representatives to inspect Ivanhoe’s three world-scale mine-development projects in Southern Africa: Kamoa-Kakula, Platreef and Kipushi. Under terms of the agreement signed in Beijing on June
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