Dragon Mountain rakes in cash from sale

SHARES in Dragon Mountain Gold jumped this morning on news the company has signed a deal to sell its Lixian gold project in China for $A175 million cash.

Dragon Mountain rakes in cash from sale Dragon Mountain rakes in cash from sale Dragon Mountain rakes in cash from sale Dragon Mountain rakes in cash from sale Dragon Mountain rakes in cash from sale

Dragon Mountain’s 84%-owned subsidiary Warrior Advance entered into a deal to sell the subsidiary that holds the Lixian project to the Shanghai and Hong Kong-listed Zijin Mining Group.

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