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CBEX and BMX discuss with Southwest Energy & Mineral Inc. about cooperation

  On the morning of December 2, 2015, Zhou Yuqing, president of CBEX Group, Liu Jianhong, general manager of Administration Office of CBEX Group, and Gao Xiang, president of Beijing Mining Exchange (BME), arrived at Guiyang and then had a meeting with the high management of Southwest Energy & Mineral Inc., including Li Zaiwen, chairman of the company and secretary of the CPC Committee of the company, and Zhao Zhenhai, general manager and vice president of the company. Both sides had a discussion about further cooperation.

  Southwest Energy & Mineral Inc. is a large state-owned company established under the approval of the People’s Government of Guizhou. Its shareholders include: the State-owned Assets Supervision and Administration Commission of the People’s Government of Guizhou, Bureau of Geology and Mineral Exploration and Development of Guizhou Province, Non-Ferrous Metals and Nuclear Industry Geological Exploration Bureau of Guizhou, Guizhou Panjiang Development Co., Ltd, Guizhou Industrial Investment (Group) Co., Ltd, and Coal Mine Exploration of Guizhou Province. It has 12 wholly-owned, holding and sharing subsidiaries, including Guizhou Geological and Mineral Resources Development Company Limited, and Southwest Energy & Mineral Construction Projects Co., Ltd.

  Both sides discussed about the modes and potential directions of the cooperation, aiming to jointly promote the cooperation in transactions related to mining rights, build a capital market platform for commercial prospecting, incubate excellent projects in the capital market for commercial prospecting and deepen the cooperation in transactions of mineral products.

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