Zijin Mining : Announcement in relation to Completion of Acquisition of Continental Gold Inc.

Announcement in relation to Completion of Acquisition of Continental Gold Inc.

References are made to the Announcement in Relation to the Acquisition of Continental Gold Inc. in Cash and the Announcement in relation to Progress of Acquisition of Equity Interest in Continental Gold Inc. (the "Announcements") of Zijin Mining Group Co., Ltd.* (the "Company") dated 2 December 2019 and 27 February 2020 respectively. The Company, through an overseas subsidiary, proposed to acquire 100% equity interest in Continental Gold Inc. ("Continental Gold"), a company listed on the Toronto Stock Exchange of Canada. Unless otherwise indicated, capitalised terms used in this announcement shall have the same meanings as defined in the Announcements.

As all of the conditions precedent to the closing as stipulated in the Arrangement Agreement have been either satisfied or waived, the acquisition was completed on 5 March 2020 (Toronto time). Zijin (America) Gold Mining Company Limited owns 100% equity interest in Continental Gold. Continental Gold will be officially delisted from the Toronto Stock Exchange on 6 March 2020 (Toronto time).

The announcement is written in both Chinese and English. In the case of any discrepancies, the Chinese version shall prevail over its English version.

Investors and shareholders are advised by the board of directors to exercise caution when dealing in the securities of the Company.

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5 March 2020, Fujian, the PRC

*The Company's English name is for identification purpose only

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