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China Vanadium Titano-Magnetite Mining Co., Ltd. Updates on Master Guarantee Agreement Renewal

Story Highlights
  • China Vanadium Titano-Magnetite Mining focuses on vanadium, titanium, and magnetite resources.
  • The company is renewing its Master Guarantee Agreement for good governance and indemnification.
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China Vanadium Titano-Magnetite Mining Co., Ltd. Updates on Master Guarantee Agreement Renewal

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China Vanadium Titano-Magnetite Mining Co., Ltd. ( (HK:0893) ) has issued an update.

China Vanadium Titano-Magnetite Mining Co., Ltd. announced a supplemental update regarding the renewal of its 2022 Master Guarantee Agreement, which expired on December 31, 2024. The company has been actively monitoring and managing the CVT Guarantees, which became a continuing connected transaction after the disposal of subsidiaries in 2019. The renewal is part of good corporate governance practices, ensuring indemnification against potential losses from financial institutions. The company has been in ongoing discussions with relevant parties and has sought approval from independent shareholders for the renewal at the 2025 EGM.

More about China Vanadium Titano-Magnetite Mining Co., Ltd.

China Vanadium Titano-Magnetite Mining Co., Ltd. is a company incorporated in the Cayman Islands, primarily engaged in the mining industry with a focus on vanadium, titanium, and magnetite resources.

Average Trading Volume: 952

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: €14.44M

See more insights into 0893 stock on TipRanks’ Stock Analysis page.

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