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Gold & silver

Central China buys minority stakeholders interest

Central China Goldfields ( [url=https://www.proactiveinvestors.co.uk/chart.asp?GGG new=true]AIM: GGG[/url] ) announced that it acquired the remaining 5% interest in both CCG Copper which holds the Nimu Copper Project and CCG Mining which ho

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Central China Goldfields announced that it acquired the remaining 5% interest in both CCG Copper which holds the Nimu Copper Project and CCG Mining which holds the Dong Mao Huo Gold Project from a minority shareholder.Following the acquisition Central China Goldfields now holds a 100% interest in both CCG Copper and CCG Mining.

Central China issued 3.136 million shares at 7 pence per share to fund the acquisition. The Company said it now has the right to 75% of the Nimu Project and 80% of the Dong Mao Huo Project.