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CGN MINING Soars 20%+ on New Natural Uranium Sales Framework Agreement
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CGN MINING (01164.HK) opened soaring 14.46% today (4th) and once peaked at HKD2.04. It last traded at HKD2.03, up 22.29%, on a volume of 254 million shares, involving HKD504 million. CGN MINING has renewed three major transaction agreements with related parties, including a new natural uranium sales framework agreement, a new financial services framework agreement, and a sales and purchase agreement of natural uranium, under which the company will sell natural uranium to CGNPC-URC Group from 2026 to 2028, with annual sales caps of around HKD3.94 billion, HKD4.39 billion, and HKD4.56 billion, respectively. AAStocks Financial News |
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