George Q Fang, Zijin Executive Director & Vice President welcomed the Phoenix Board’s decision to withdraw “Resolution 2 – Approval for Issue of Tranche 2 Shares and Strategic Alliance with Evolution Mining Ltd”. “As previously disclosed, a pre-condition of the Zijin Offer was that Resolution 2 did not proceed. We appreciate the strong support from key Phoenix shareholders in achieving this outcome,” Mr Fang said.....
-Strong support from weakest link in PXG ...no lube needed with these guys .....
PXG Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
