Shandong Gold (01787) Controlling Shareholder Obtains Special Loan Commitment Letter for Increased Shareholding.

According to the Zhitong Financial News APP, Shandong Gold (01787) announced that the company recently received notification from its controlling shareholder Shandong Gold Group Co., Ltd. ("Gold Group") that Gold Group has obtained a "Commitment Letter for Stock Increase Loan for Listed Companies" issued by the Shandong Branch of Industrial and Commercial Bank of China. ICBC intends to provide Gold Group with a loan amount of no more than 9 billion RMB to increase its shareholding in the company, with a loan term not exceeding 3 years.