<p>NORTH MINING (00433.HK) announced the sale of its subsidiary engaged in the trading of chemicals and aluminum metals - Jiulong Investment (Shanghai) - to an independent third party for a cash consideration of HKD 1 million. The estimated proceeds from the sale are approximately HKD 801 million. Upon completion, the group's only remaining major business will be mining operations</p>

00433

<p>NORTH MINING announced the sale of its subsidiary engaged in the trading of chemicals and aluminum metal, JiuLong Investment (Shanghai), including all equity and debt, to an independent third party for a cash consideration of 1 million yuan. The estimated proceeds from the sale are approximately 801 million yuan. After completion, the group's only remaining major business will be mining operations</p>

NORTH MINING sells chemical trading subsidiary, estimated revenue of 800 million yuan