Zijin Mining adjusts Zangge acquisition, proposes dividend

Zijin Mining Group has announced a supplemental agreement to its acquisition of controlling power in Zangge Mining, initially disclosed on January 16, 2025. The key change involves adding Mr. Xiao Yongming, the actual controller of Zangge Mining, as a transferor of shares, reallocating 54,957,901 shares from Zangge Venture Capital to Mr. Xiao, with the total transaction value remaining unchanged at RMB13,728,745,415. Zijin International Holdings will still acquire 392,249,869 shares. The board believes this inclusion will expedite the acquisition's completion.