Western resources spend 2 million to buy two mining companies

Source: Internet
Author: User
Keywords Western Resources financed
NetEase Financial December 30 News of the Western resources announced in the evening, the company's holding subsidiaries spent 2 million to buy Jinfeng company 100% Equity and Jinhui company 100% Equity.  The Da Qin gold through the Gold Fung company 100% Equity and Jinhui company 100% shares indirect access to the above-mentioned company all two prospecting rights.  The company will devote funds to the above two mines for follow-up exploration and development work to cultivate the company's new main business profit growth point.  The equity acquisition will provide a good foundation for the company to develop Li County region's rich gold resources, reserves of gold resources, improve and perfect the company's main business profitability and sustainable development ability, in line with the company's long-term development strategy. Western resources today closed at 32.68 yuan, up 1.36%.
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