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Chinese company takes stake in IMX

CHINESE steel group Tonghua Mining has purchased a 9.95% stake in diversified explorer IMX Resour...

MiningNews.Net
Chinese company takes stake in IMX

IMX issued Tonghua 16.4 million shares at 85c each, raising $13.93 million, with Tonghua retaining a right to acquire up to 9.99% in any future IMX placements in the next 12 months. "We welcome Tonghua...

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