金华景点有哪些地方:China's Northwest Nonferrous takes controllin...

来源：百度文库 编辑：九乡新闻网 时间：2024/05/09 09:37:25

China's Northwest Nonferrous takes controlling stake in Australia's Synergy Metals

15:38, July 05, 2011      

Email | Print | Subscribe | Comments | Forum 

Increases the bookmark twitter facebook digg Google Windowslive Delicious buzz friendfeed Linkedin diigo reddit stumbleupon QQ  

Northwest Nonferrous International Investment (NNII) announced it has acquired a controlling stake in Synergy Metals Limited with 12.6 million Australian Dollars.

About 1.05 billion common shares of Synergy Metals has been transferred to NNII, taking 48.7 percent of the former's total equity, according to a company statement.

NNII Chairman Sun Feng has been named as the president of the board of Synergy Metals.

Synergy Metals in return issued 1.05 billion stock options to NNII, allowing the latter to convert the options into its shares within three years at an exercisable price of 0.016 AUD per share. The options cost NNII 16.8 million AUD.

If the options were exercised, NNII's stake would be raised to 51 percent.

Established in 2007, NNII is a fully-owned subsidiary of the Northwest Nonferrous Group and specializes in overseas geological prospecting, mineral development, technology and consulting services.

Synergy Metals is a listed Australian company engaged in mineral prospecting. With its assets mostly situated in the north of Victoria, the company's operation covers a land area of 1,920 square kilometers.

Source:Xinhua

Related Reading

  • Tesco, Gome enter strategic cooperation

  • China adds micro-business category

  • High import tariffs stirs heated debate (2)

  • High import tariffs stirs heated debate

  • Chinese candy maker confirms acquisition talks with Nestle

  • China promotes its first spot price index for iron ore

Special Coverage
  • Beijing-Shanghai High-Speed Train now in Operation
  • From drought to floods
Major headlines

  • Two SOEs top list of dream employers among grads

  • Fishing industry braces for oil-leak impact

  • China's old-age subsidies benefits 8 mln people

  • China has 7.3 mln hectares of reserve farmland

  • Senior Chinese leader highlights Sino-Franco cultural exchanges

  • Bulgarian Vice President congratulates China on achievements under CPC

  • Chinese capital eyes Brazil's high-tech sector

  • China cleans up raw milk industry

  • China backs worldwide fight against corruption

  • China's central government spends 6.17 bln yuan in purchasing, maintainning vehicles in 2010

Editor's Pick
Hot Forum Discussion

  • Chairman Mao still living in the hearts Chinese

  • Sino-US Asia-Pacific consultation focus on South China Sea issue

  • China develops an M-1 tank killer

  • Costs rise in worst industrial disaster

  • NATO strike on civilian sites again?

  • Pakistan suicide raid, revenge for bin Laden?

  • Chaos in Beijing a perfect storm

    • China's Northwest Nonferrous takes controllin... Host China takes women's footbal title at Uni... Even if US takes China as enemy U.S. Southwest Airlines takes part of fleet o... Justice takes steps onto blogs - People's Dai... Feature: France's burqa ban takes effect amid... China‘s Me Generation Opinion: China's 10 China’s Highly Unequal Economy | China, What'... Will Biden's China visit boost China China's microblogs enhance public's supervisi... U.S.-China Comprehensive Framework Managing China’s rapid rise On Managing China's Society China's $3.2 trillion headache Aussie’s iron ore, China’s windfall, Aussie’s... China urges U.S. to more fairly assess China'... China's exchange reserves hit record level China's monetary policy in 2010 Economic balancing act for China's leadership China's GDP strategy: Make people happy China's cabinet appoints senior officials China's space debris threatens Indian satellites ? China’s Arctic Play | The Diplomat