Jinchuan Group Int'l announces loan, continuing connected transactions

Jinchuan Group International Resources (HKEX:2362) has made several announcements impacting its financial and operational structure. The company disclosed it is taking a US$10 million revolving loan facility via its subsidiary, Metorex (Proprietary) Limited. The loan, secured with Jinchuan Group Co. Ltd.*("JCG”) as the controlling shareholder which indirectly holds approximately 57.82% of the company’s issued share capital, is for 12 months and aimed at bolstering the working capital of the borrower and its subsidiaries. In addition, Jinchuan Group International Resources has entered into a new continuing connected transaction agreement with JCG, effective June 1, 2025, through December 31, 2027.