China Nonferrous Mining Corporation Limited has announced the acquisition of certain issued share capital of SM Minerals. The transaction involves the Tranche 2 Acquisition, which includes acquiring 50% of the then issued SM Minerals shares from the original shareholders. The company also has a Tranche 2 Call Option, which is an option to be granted by the original shareholders at no additional premium. The announcement indicates that further updates will be provided if there are material developments in compliance with the relevant listing rules.
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