Venture exploration capital market is hot in Tianjin
Source: www.mlr.gov.cn Citation: www.mlr.gov.cn Date: Oct.22, 2014
On October 21st at the CHINA MINNING Congress and Expo 2014, Tianjin International Mining Exchange celebrated the signing ceremony of a multilayered risk prospect capital market, namely the international mining financing market. Tianjin Era Geological Exploration Co., Ltd, as the first IPO company in senior section, has initiated the work of issuing transaction on the platform of stock exchange by cooperating with its partner, Citic Mining Co., Ltd.
Eleven prospect enterprises, like Jinguangyuan Ming Co., Ltd of the Inner Mongolia Autonomous Region, submitted the listing applications and information disclosure documents, and signed the Listing Agreement with the exchange at the signing ceremony, becoming one of the first companies to be listed at the primary section of risk prospect capital market.
In addition, Huitong The World, Century Iron Ore Holdings Inc. and Minex Mongolia signed entrustment and cooperation agreements with Tianjin International Mining Exchange respectively.
Wang Jionghui, Board Chairman of the Tianjin International Mining Exchange, said that the ultimate goal of his company was to create a socially responsible and comprehensive global mining service platform by setting up an internationalized venture exploration capital market and optimizing the resource allocation through market pricing. The exchange will open up convenient financing channels for venture exploration enterprises, offer investment channels for investors and provide an innovative service platform of mining financing for the main body of the risk prospect capital market. (reported by Li Weifeng and Wang Shaoyong) （translated by TLRHVC）
About CHINA MINING
Since first held in 1999, the scope and influence of CHINA MINING has grown rapidly year by year. As a global mining summit forum and exhibition, CHINA MINING Congress and Expo has become one of the world’s top mining events, and one of the world’s largest mining exploration, development and trading platforms, covering all aspects of the whole mining industry chain, including geological survey, exploration and development, mining rights trading, mining investment and financing, smelting and processing, mining techniques and equipment, mining services, etc. playing an active promotion role in creating exchange opportunities and enhancing mutual cooperation between domestic and foreign mining enterprises.
CHINA MINING Congress and Expo 2014 will be held at Meijiang Convention and Exhibition Center in Tianjin on November 20th-23rd, 2014. We invite you to join the event and to celebrate the 16th anniversary of CHINA MINING with us. For more information about CHINA MINING 2014, please visit: www.chinaminingtj.org.
