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An announcement from CSMall Group Limited ( (HK:1815) ) is now available.
CSMall Group Limited, through its subsidiaries China Silver Group Limited and Mount Everest Gold Group Company Limited, announced a joint acquisition of a 55% equity interest in Jiangxi Yiding Trading Co., Ltd. This acquisition includes full ownership of Xizang Shigatse Huaye Mining Development Co., Ltd., which holds exploration rights for lead and zinc in Tibet. The acquisition is expected to enhance the company’s exploration capabilities and strengthen its market position in the mining sector.
More about CSMall Group Limited
CSMall Group Limited operates in the mining industry, focusing on the exploration of mineral resources, particularly lead and zinc. The company employs an asset-light approach, outsourcing exploration tasks to independent geological experts.
Average Trading Volume: 14,210,178
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.3B
For detailed information about 1815 stock, go to TipRanks’ Stock Analysis page.