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Sinochem News Online on December 14, Yahua Group issued an announcement that Yahua International Investment Development Co.
, Ltd.
, a wholly-owned subsidiary of the company, intends to subscribe for 80 million shares of Australia EV Resources Co.
, Ltd.
at a price of A$0.
045 per share, accounting for EV Company.
9.
5% of the total share capital, the method of capital contribution is cash contribution
.
The announcement shows that EV is a listed resource company established in Australia
.
The company currently holds lithium resources such as the Australian Xiaohe lithium-tin-tantalum project (80% equity), the Serbian clay lithium-boron project (22% equity), the Austria Weinbeni project and the Eastern Alps lithium mine project (80% equity) Class project