Australia's Vango Mining gets gold project funding from Chinese miner

November 23, 2019 / dlvr.it / Article Link

Under the deal, Vango's gold project in Western Australia will get around A $70 million in financing from China Nonferrous Metal Industry's Foreign Engineering and Construction Co Ltd.. In return, Sydney- based Vango would issue A $13 million worth of its shares to China Nonferrous at A $0.35 per share, which represents a 141% premium to the stock's last close.Read full news

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