etomino| CITIC Metal (00267.HK): Plans to reduce its shareholding in Ivanhoe Mining by approximately 2% within 12 months

News summary

CITIC Metal plans to start a year after the shareholders 'meetingetomino, reduced its stake in Ivanhoe Mining by approximately 2% in Canada, in compliance with Canadian securities regulations.

Newsletter text

[CITIC Metal plans to reduce its 2% stake in Ivanhoe Mining within one year]

On May 26, CITIC Metal, a subsidiary of CITIC Limited, announced that after being reviewed and approved by the shareholders 'meeting, it would sell no more than 2,539 yuan of Ivanhoe Mining Co., Ltd., which is listed on the Toronto Stock Exchange in Canada, in due course within 12 monthsetomino.04 million shares, which will involve approximately 2% of Ivanhoe Mining's total shares. The expected scope of the reduction will change based on actual conditions and will be disclosed in strict compliance with Canadian securities regulations.