--- title: "ZIJIN GOLD INTL Terminates Full Acquisition of Allied Gold, Invests HKD2.3B for 9.2% Stake Instead" type: "News" locale: "en" url: "https://longbridge.com/en/news/294293497.md" description: "Zijin Mining and its subsidiary Zijin Gold International terminated the full acquisition of Allied Gold Corporation. Instead, Zijin Gold International will invest approximately HKD2.32 billion (CAD416.6 million) to subscribe for 12.8 million new shares, acquiring a 9.2% stake in the enlarged share capital of the US- and Canada-listed company." datetime: "2026-07-30T02:57:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294293497.md) - [en](https://longbridge.com/en/news/294293497.md) - [zh-HK](https://longbridge.com/zh-HK/news/294293497.md) generator: "portal-rs" --- # ZIJIN GOLD INTL Terminates Full Acquisition of Allied Gold, Invests HKD2.3B for 9.2% Stake Instead ZIJIN MINING (02899.HK) +0.220 (+0.673%) Short selling $270.42M; Ratio 21.518% and its subsidiary ZIJIN GOLD INTL (02259.HK) +4.900 (+4.163%) Short selling $159.00M; Ratio 26.225% jointly announced that ZIJIN GOLD INTL has terminated the acquisition of all issued common shares of Allied Gold Corporation, which is listed in the US and Canada. Instead, ZIJIN GOLD INTL will subscribe for 12.8 million new shares of Allied Gold for CAD416.6 million, equivalent to approximately HKD2.32 billion, representing 9.2% of the enlarged share capital. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-07-29 16:25.) ### Related Stocks - [AAUC.US](https://longbridge.com/en/quote/AAUC.US.md) - [02899.HK](https://longbridge.com/en/quote/02899.HK.md) - [02259.HK](https://longbridge.com/en/quote/02259.HK.md) - [601899.CN](https://longbridge.com/en/quote/601899.CN.md) ## Related News & Research - [Zijin Mining corrects typographical errors in notes to Chinese-language periodic reports](https://longbridge.com/en/news/298130571.md) - [Weir wins order to supply two grinding units to Zijin Mining’s Akyem Mine in Ghana](https://longbridge.com/en/news/298236372.md) - [TML Tender Offer - Publication of the Offer Document](https://longbridge.com/en/news/298070476.md) - [Weekly Recap: DRC flooding may cut copper output and HK$52.20 avg target](https://longbridge.com/en/news/297438851.md) - [Zijin Mining Group GAAP EPS of RMB1.435](https://longbridge.com/en/news/297007724.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**