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China's Shougang to take 19.9% stake in iron ore explorer

CHINESE steel company Shougang Holding has agreed to a proposed $A4.5 million securities placemen...

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China's Shougang to take 19.9% stake in iron ore explorer

The combined shares and options deal will give Shougang a 19.9% stake of Prosperity's issued share capital and will assist Prosperity's iron ore activities in the Mid West region of Western Australia....

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