Jinchuan Group International Resources Co. Ltd (HK:2362) has released an update.
Jinchuan Group International Resources Co. Ltd has announced a new $30 million revolving loan agreement through its subsidiary Metorex for working capital. This loan is contingent on Jinchuan Group Co., Ltd maintaining ultimate control over the borrower, with any breach potentially leading to loan termination. The company will report on these specific performance obligations in future annual and interim reports as required by the Hong Kong Stock Exchange Listing Rules.
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