Sinomine Resource Group Co.Ltd(002738)
Securities code: 002738 securities abbreviation: Sinomine Resource Group Co.Ltd(002738) Announcement No.: 2022-010 bond Code: 128111 bond abbreviation: China Mining convertible bond
Sinomine Resource Group Co.Ltd(002738)
Announcement on the resolutions of the 16th meeting of the 5th board of directors
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
The 16th meeting of the 5th board of directors of Sinomine Resource Group Co.Ltd(002738) (hereinafter referred to as "the company") was held on January 29, 2022 in the form of on-site communication, and the meeting notice was sent in writing and telephone on January 26, 2022. The meeting was convened and presided over by Mr. Wang Pingwei, chairman and president. There were 9 directors who should participate in the meeting and 9 directors who actually participated in the meeting. Supervisors and senior managers of the company attended the meeting. The convening and convening of this meeting comply with the relevant provisions of the company law and the articles of association, and the meeting is legal and effective.
The meeting deliberated and adopted the proposal on the signing of the share and debt sale agreement by the subsidiary to acquire the equity of bikita lithium mine in Zimbabwe.
In order to increase the company's reserves of lithium mineral resources, improve the company's self-sufficiency rate of lithium salt business raw materials, promote the implementation of the company's strategic development plan and realize the company's sustainable development. China Mining (Hong Kong) rare metal resources Co., Ltd. (hereinafter referred to as "China Mining rare"), a wholly-owned subsidiary of the company, intends to sign the share and debt sale agreement with African metals Management Services Ltd (hereinafter referred to as "AMMS") and southern African Metals & minerals Ltd (hereinafter referred to as "Samm"), It is proposed to acquire 100% equity of 1 African minerals Ltd (hereinafter referred to as "AFMIN") and 2 amzim minerals Ltd (hereinafter referred to as "amzim") jointly held by AMMS and Samm at the benchmark consideration of US $180 million in cash. At present, AFMIN and amzim, the subject of the transaction, jointly hold 74% equity of bikita minerals (private) Ltd (hereinafter referred to as "bikita company"), and the main asset of bikita company is the bikita lithium mine project in Zimbabwe. Bikita is implementing internal restructuring and share repurchase cancellation. If the final internal restructuring of bikita is approved by the government, the company will hold 99.05% equity and corresponding related creditor's rights of bikita; If the final internal restructuring of bikita is approved by the government and the implementation of share repurchase and cancellation is completed, the company will hold 100% equity and corresponding related creditor's rights of bikita.
Voting: 9 in favor, 0 against and 0 abstaining.
Sinomine Resource Group Co.Ltd(002738)
For details, please refer to China Securities Journal, securities times and cninfo.com on the same day as this resolution（ http://www.cn.info.com.cn. ）Announcement.
The independent directors of the company have expressed their independent opinions on this proposal. For details, see http://www.cn.info.com.cn. On the same day as this resolution Announcement.
It is hereby announced.
Sinomine Resource Group Co.Ltd(002738) board of directors February 8, 2022
