DISCLOSEABLE TRANSACTION UPDATE ON TAKEOVER BID FOR THE ENTIRE SHARE CAPITAL OF TIETTO MINERALS LIMITED References are made to the announcements of Zhaojin Mining Industry Company Limited (the “Company”) dated 30 October 2023, 3 November 2023, 13 November 2023, 27 November 2023, 6 December 2023, 18 December 2023, 4 January 2024, 1 February 2024, 29 February 2024, 28 March 2024, 15 April 2024, 24 April 2024, 1 May 2024, 14 May 2024, 24 May 2024 and 6 June 2024 (the “Announcements”) in relation to, among other things, the offer made by Zhaojin Capital, an indirect wholly owned subsidiary of the Company, to acquire all of the fully paid ordinary shares in the capital of Tietto Minerals Limited (the “Offer”). Capitalised terms herein bear the same meanings as defined in the Announcements, unless stated otherwise. COMPLETION OF COMPULSORY ACQUISITION As disclosed in the Announcements, at the close of the Offer on 14 May 2024, the voting power of Zhaojin Capital in the Target was 90.72%. Accordingly, on 24 May 2024, Zhaojin Capital proceeded to commence the compulsory acquisition on the remaining Target Shares which have not been accepted into the Offer. The Target was removed from the official list of ASX on 6 June 2024. The Board is pleased to announce that Zhaojin Capital has completed the compulsory acquisition of the remaining Target Shares in accordance with the Corporations Act. By order of the Board Zhaojin Mining Industry Company Limited* Jiang Guipeng Chairman Zhaoyuan, the PRC, 2 July 2024 As at the date of this announcement, the Board comprises: Executive Directors: Mr. Jiang Guipeng, Mr. Duan Lei, Mr. Wang Ligang and Mr. Chen Lunan Non-executive Directors: Mr. Long Yi, Mr. Li Guanghui and Mr. Luan Wenjing Independent non-executive Directors: Ms. Chen Jinrong, Mr. Choy Sze Chung Jojo, Mr. Wei Junhao and Mr. Shen Shifu https://en.zhaojin.com.cn/upload/file/2024/07/02/...acb864cc85daa.pdf
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