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Sino launches friendly bid for Golden China

SINO Gold has proposed a friendly all scrip takeover of Golden China Resources worth $80.7 million with the latter’s flagship Beyinhar gold project set to become Sino’s third mine.

Rebecca Lawson

Sticking to its long touted strategy to be a consolidator and leader in the industry, Sino proposes to offer one of its shares for every 4.5 Golden China common shares, and on completion of the deal, Golden...

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