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
The main copper sulphide minerals are chalcopyrite (CuFeS2) chalcocite (Cu2S), covellite (CuS), bornite (Cu5FeS4), tetrahedrite ((Cu,Fe)12Sb4S13) and enargite (Cu3AsS4).
Pegmatitic rocks are very coarse grained basement rocks abundant in quartz, feldspar or/and mica, in places, endowed either with mega crystals of the aforementioned rock forming minerals or rare element minerals.
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