Gold exploration company Tianshan Goldfields has agreed to sell all of its Chinese assets to Hong Kong-based company China Power Sino Renewable Resources for $US22.5M.
Patience is a virtue often ascribed to the Chinese, and it's something Perth-based Tianshan Goldfields Ltd has successfully applied to its extensive exploration program in the north-west of China.
TIANSHAN Goldfields has announced that it has secured firm expressions of interest from institutional and professional investors to raise $4 million in a share placement and $1.5 million in a mezzanin
Tianshan Goldfields Ltd 10-May-05 RAB Special Situations (Master) Fund Ltd became a substantial shareholder with a relevant interest of 3,708,707 ordinary shares (5.9%).
Tianshan Goldfields Ltd 25-Jul-05 Has acquired 100% of the minority interests in Mineral Securities (Xinjiang) Pty Ltd, which increases the Company's earn-in capacity in the Gold Mountain Project.
