Xingye Silver & Tin Pays First Installment for Tartana Stake Deal; Shares Up 4%

MT Newswires Live

Aug 12

Inner Mongolia Xingye Silver & Tin Mining (SHE:000426) paid the first installment worth AU$2.3 million for the acquisition of 20% of Australia's Tartana Minerals (ASX:TAT), according to a Shenzhen bourse filing on Wednesday.

The mining company, through its unit, Xingye Gold (Hong Kong) Mining, now holds 9.99% of Tartana.

Xingye signed the agreement in July to acquire 20% of Tartana for AU$5.2 million. The acquisition would be made in two tranches.

Xingye's shares rose 4% during the morning trade.

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The acquisition would be made in two tranches.</p><p>Xingye's shares rose 4% during the morning trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7095","symbol_name":"多种金属与采矿","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2658928602","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2658928602","pubTimestamp":1786505170,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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