trending Market Intelligence /marketintelligence/en/news-insights/trending/0mjytXdoPDU97UxUgCZc0A2 content esgSubNav
In This List

Taung Gold confirms M&A talks but unaware of reasons for share price rise

Blog

Insight Weekly: US stock performance; banks' M&A risk; COVID-19 vaccine makers' earnings

Blog

Insight Weekly: LNG exports surge; investors unfazed by inflation; neobanks drive VC funding

Blog

Essential Metals Mining Insights November 2021

Blog

[Infographic]: 2021 World Exploration Trends


Taung Gold confirms M&A talks but unaware of reasons for share price rise

Taung GoldInternational Ltd. on July 11 said it noted the recent share pricerise and unusual share trading volumes but that it is not aware of a particularreason for this.

The group said it is in discussions regarding severalpotential investments and acquisitions but has not entered into any bindingagreements yet.

Taung warned there can be no guarantee that it will enterinto any agreement as a result of these discussions.

The Hong Kong listed company's shares ended July 8 at9 Hong Kong cents apiece but had risen to 13 cents each at July 11 tradingclose.