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    gold investing

    Chinese Investors Now Own Majority in Gold One

    Investing News Network
    Jan. 03, 2012 09:50AM PST
    Precious Metals Investing

    IBTimes reported that a Chinese consortium has completed acquiring a majority stake in Gold One (ASX:GDO).

    IBTimes reported that a Chinese consortium has completed acquiring a majority stake in Gold One (ASX:GDO).

    As quoted in the market news:

    Gold One announced the deal completion on the last day of trade in 2011. Gold One issued and allotted a total of 375 million ordinary shares, at $0.55 per share, to BCX Gold Holdings after receiving the A$150 million funds.

    Click here to read the full IBTimes report.

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