Zijin Gold International and Jinha Mining entered into the Agreement with Cantech on 29 June 2025. Jinha Mining has agreed to acquire the 100% interest in the Raygorodok Gold Mine project held (through the target companies) by Cantech S.à.r.l.
The specific target of the acquisition comprises the 100% participating interest in RG Gold LLP (which holdsthe mine assets) and the 100% participating interest in RG Processing LLP (which holds the processing plant assets) held by Cantech.
65% and 35% of Cantech’s shares are held by V Group International S.A. (under management of Verny Capital, one of the largest equity investment companies in Kazakhstan - acting as an investment advisor to V Group International S.A.) and RCF VII-RG Gold S.à.r.l. (owned by Resource Capital Funds, an American private equity firm specialising in mining and resources investments), respectively.
The economic date of the Transaction is 30 September 2025.
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