Chinese Investors Now Own Majority in Gold One

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.

asx:gdo Gold Investing

Markets
TSX	21807.37	+98.93
TSXV	567.02	-3.87
DOW	37986.40	+211.02
S&P 500	4967.23	-43.89
NASD	15282.01	-319.49
ASX	7567.30	-74.80

Markets

TSX

21807.37

+98.93

TSXV

567.02

-3.87

DOW

37986.40

+211.02

S&P 500

4967.23

-43.89

NASD

15282.01

-319.49

ASX

7567.30

-74.80

Commodities
Gold	2390.86	+0.85
Silver	28.67	+0.01
Copper	4.52	+0.05
Oil	83.24	+0.51
Heating Oil	2.55	+0.01
Natural Gas	1.76	0.00

Commodities

Gold

2390.86

+0.85

Silver

28.67

+0.01

Copper

4.52

+0.05

Oil

83.24

+0.51

Heating Oil

2.55

+0.01

Natural Gas

1.76

0.00

Chinese Investors Now Own Majority in Gold One

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