re: Ann: Very Strong Copper Results from Nyma...
A major shareholder
YTC International Partnership
YTC Resources? major shareholder is the Yunnan Tin Group (YTG) of China.
YTG have made two major placements to YTC and hold two YTC Board seats, including the Company Chairman, Dr Wenxiang Gao.
Yunnan Tin Group is incorporated in the People?s Republic of China. It is a major producer of non-ferrous metals and is the world?s largest producer of tin and tin products.
The partnership provides YTC Resources with additional support to expand the Company by utilising Yunnan Tin Group?s financial, marketing operational and technical skills and reach. In addition, Yunnan Tin Group provides direct exposure to the burgeoning Chinese resources sector and corresponding capital markets of Asia.
The adoption of the name YTC Resources Limited reflects the significant mutual commitment between the Yunnan Tin Company Group Limited and YTC Resources to grow the Company in partnership
YTC Price at posting:
55.5¢ Sentiment: Hold Disclosure: Held
