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Ltd., in conjunction with China Silver Group Limited, announced an update to their joint acquisition of a 55% equity interest in Jiangxi Yiding Trading Co., Ltd. The Target Company holds a 100% equity interest in Xizang Shigatse Huaye Mining Development Co., Ltd. This acquisition is expected to bolster the companies' presence in the upstream mineral exploration sector. The acquisition includes a purchase by a wholly-owned subsidiary of Mount Everest Gold, acquiring a 35% equity interest in the Target Company for RMB3.5 million. The companies have assessed the consideration as fair and reasonable, aligning with their strategic objectives to diversify and capitalize on rising metal prices.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. 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