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IMGL enters agreement to acquire LEAD-ZINC mine
Oct 30, 2017
OTC Disclosure & News Service
Blaine, WA -
October 29, 2017, Image International Group, Inc. (the "Company" or IMGL) (OTCQB: IMGL) has signed a letter of intent to acquire the Yangshuo Xingyan lead-zinc mine project in Guangxi, China. The Company expects to complete a sale & purchase agreement by the end of November.
The Yangshuo Xingyan acquisition will include a parcel with a lead-zinc resource, mining equipment, tailings dam and various operational structures. The acquisition will provide IMGL with operating income and an environmental protection mine development model.
The Company plans to expand the current operation in 2018.
On behalf of the Board of Directors
"Hoi Ming Chan"
Hoi Ming Chan
President
About the Company
Image International Group, Inc. ("IMGL") is focused on the acquisition of mineral assets in China.
