166887net| Zhaojin Mining: Begins mandatory acquisition of the entire share capital of Tietto Minerals Limited

Zhaojin Mining (01818) issued an announcement166887net, in connection with, among others, the offer made by Zhaojin Capital, an indirect wholly-owned subsidiary of the company, to acquire all fully paid ordinary shares in the share capital of Tietto Minerals Limited. At the end of the offer, Zhaojin Capital's voting rights in the target company are 90%166887net.72%。

Given that Zhaojin Capital holds more than 90% of the interest in the target company, Zhaojin Capital has decided to exercise its rights in accordance with the Company Law to forcibly acquire the remaining shares of the target company that have not been included in the offer and achieve 100% control over the target company.