CPSI NewsWire brings you market updates on Mongolia, compiled by CPS International, a Mongolian marketing arm of CPS Securities, a Perth, WA based stockbroking and corporate advisory firm, specialising in capital raising for mining and junior stocks.
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GMM up 2c to 14c after announcement
GMM buys interest in Khuden Coal Deposit in Mongolia
October 12, General Mining Corporation Limited (ASX:GMM) --
· Letter of offer signed to buy an interest in coal mining licence adjacent to the Company’s coal exploration area at the Uvs project
· The mining licence covers the central part of the Khudel Coal Deposit explored in the 1970s – 80s
· Addin interest in proven coal deposit strenghthens the Company’s coal exploration prospects
"Mogi" Munkhdul Badral
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CPS International LLC
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