3 Summary of the transaction. The transaction, is summarised as follows: On settlement Metminco issued RMB with 400 million fully paid Metminco ordinary shares at a deemed price of 0.5 cents per share and reimbursed RMB for costs incurred by MCM for the period from execution of the Offer Letter to Settlement
A seamount is a mountain rising from the ocean seafloor that does not reach to the water's surface (), and thus is not an island, islet or cliff-rock.Seamounts are typically formed from extinct volcanoes that rise abruptly and are usually found rising from the seafloor to 1,000–4,000 m (3,300–13,100 ft) in height.
The Ore Mountains are geologically considered to be one of the most heavily researched mountain ranges in the world. The main geologic feature in the Ore Mountains is the Late Paleozoic Eibenstock granite pluton, which is exposed for 25 miles along its northwest-southeast axis and up to 15 miles in width.
Heilongjiang: Heilongjiang, the northernmost sheng (province) of China's Northeast region. It is bounded to the north and east by Russia along the Amur River and the Ussuri (Wusuli) River, to the south by the Chinese province of Jilin, and to the west by the Inner Mongolia Autonomous Region.