Western Gold Parent Company Plans Merger on July 12 with Xinjiang Geology and Minerals Investment

According to Jin10, on July 12, Western Gold announced that its controlling shareholder, Xinjiang Nonferrous Metals Industry Group, plans to merge with Xinjiang Geology and Minerals Investment Group. The merger will not materially impact the company's operations, and the ultimate controlling shareholder will remain Xinjiang Uygur Autonomous Region State-owned Assets Supervision and Administration Commission. The merger requires approval from higher-level authorities and remains subject to uncertainty.
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