Trigon Metals signs MoU for investment from Shandong Xinhai

Trigon Metals signed a non-binding MoU for Shandong Xinhai Mining Technology and Equipment to invest up to 10% of the capital requirements of the Kombat project in Namibia, in exchange for equity. Xinhai will also assist in securing up to 80% additional debt financing.

“In partnering with Xinhai, we have gained access to both the funding and technical services necessary for the restart of mining operations at Kombat.”mining-technology.com

• 1 source
• mining-technology.comTrigon Metals signs memorandum of understanding to invest in XinhaiSrivani VennaMar 8, 2019

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