Osino Provides Update on Yintai Transaction
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 20 2024
0mins
Source: Newsfilter
- Update on Yintai Transaction: Osino Resources Corp. provides an update on the regulatory process for the Yintai transaction in Namibia.
- NCC Review Process: The Namibian Competition Commission (NCC) is reviewing the application for the acquisition of Osino by Yintai.
- Expected Timeline: The NCC is anticipated to make a final decision on the transaction by early August or early September 2024.
- Support Agreements: Yintai has waived lock-up restrictions in support agreements due to proposed tax changes in Canada.
- About Osino Resources: Osino is a Canadian gold exploration company focused on developing the Twin Hills Gold Project in Namibia.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
