Completion of Placement to Zijin Mining

From GlobeNewswire: 2025-01-08 18:38:53

Xanadu Mines Ltd has completed the placement of over 26 million shares to Jinping (Singapore) Mining Pte Ltd, a subsidiary of Zijin Mining Group Co. Ltd, at an issue price of A$0.055 per share. This follows shareholder approval on December 20, 2024. Xanadu operates in Mongolia and offers investors exposure to large-scale copper-gold discoveries through projects like the Kharmagtai project, which is jointly controlled with Zijin Mining Group. For more information, visit www.xanadumines.com.



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