Zhaojin Mining: Zhaojin Capital completes the compulsory acquisition of the remaining shares of Tietto Minerals Limited
ZHAOJIN MINING has completed the compulsory acquisition of the remaining shares of Tietto Minerals Limited, with a voting rights of 90.72%. The target company will be delisted from the ASX on June 6, 2024
According to the announcement released by ZHAOJIN MINING (01818) on the Zhitong Finance and Economics APP, regarding the offer made by ZHAOJIN CAPITAL (an indirectly wholly-owned subsidiary of the company) to acquire all fully paid ordinary shares in Tietto Minerals Limited ("Offer"), as of the end of the offer on May 14, 2024, ZHAOJIN CAPITAL held 90.72% of the voting rights in the target company. Therefore, on May 24, 2024, ZHAOJIN CAPITAL began the compulsory acquisition of the remaining target company shares that were not included in the offer. The target company was officially delisted from the ASX on June 6, 2024.
The Board of Directors is pleased to announce that ZHAOJIN CAPITAL has completed the compulsory acquisition of the remaining target company shares in accordance with company law
