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BRIEF-Xinjiang Xinxin Mining Industry updates on transaction in relation to provision of guarantee
April 5, 2017 / 11:52 AM / in 6 months

BRIEF-Xinjiang Xinxin Mining Industry updates on transaction in relation to provision of guarantee

April 5 (Reuters) - Xinjiang Xinxin Mining Industry Co Ltd

* On 1 april 2017, company, as a guarantor, entered into guarantee agreement in favour of bank

* Loan will be utilised for supplementing working capital of hami hexin

* Agreed to provide guarantee, for due performance of repayment obligations of Hami Hexin to bank up to rmb15.5 mln

* Co to provide guarantee, in proportion to equity holding in Hami Hexin, for due performance of repayment obligations of Hami Hexin Source (bit.ly/2nJlYIm) Further company coverage:

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