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CGN Mining Co Delays Circular Distribution for Key Agreements

Story Highlights
  • CGN Mining Co is focused on natural uranium transactions and financial services.
  • The company announced a delay in distributing a circular for key agreements, impacting shareholder timelines.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CGN Mining Co Delays Circular Distribution for Key Agreements

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CGN Mining Co ( (HK:1164) ) has issued an announcement.

CGN Mining Co announced a delay in the distribution of its circular related to several framework agreements, including the New Sales Framework Agreement, New Financial Services Framework Agreement, and the Sales and Purchase Agreement of Natural Uranium. The circular, initially expected to be distributed within 15 business days from the announcement date, will now be distributed on or before July 15, 2025, due to the need for additional time to finalize certain information. This delay may impact shareholder expectations and timelines for the company’s ongoing transactions.

The most recent analyst rating on (HK:1164) stock is a Buy with a HK$2.36 price target. To see the full list of analyst forecasts on CGN Mining Co stock, see the HK:1164 Stock Forecast page.

More about CGN Mining Co

CGN Mining Co is a company incorporated in the Cayman Islands, operating within the mining industry with a focus on natural uranium. The company is involved in various transactions and agreements related to the sales and purchase of natural uranium, as well as financial services.

YTD Price Performance: 35.58%

Average Trading Volume: 99,655,746

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$16.8B

See more insights into 1164 stock on TipRanks’ Stock Analysis page.

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