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IN BRIEF: Griffin Mining subsidiary director under hotel detention

Fri, 15th Dec 2023 10:59

Griffin Mining Ltd - China-based mining company which owns the Caijaying Zinc Gold mine - Says Director Shengchang Jin of subsidiary Hebei Hua Ao Mining Industry Co Ltd has been placed under hotel detention by Chinese authorities. Says he is being investigated in relation to his role as chief executive officer of Zhangjiakou Yuanrun Enterprise Management Consulting Service Co Ltd. Says investigations only relate to Jin and do not affect any HHA operations.

Griffin owns 89% of HHA. HHA owns 11% of Zhangjiakou Yuanrun.

Current stock price: 78.19 pence, down 5.7%

12-month change: up 1.5%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

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