/KASE, November 29, 2019/ – AK Altynalmas (Almaty), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release of November 29, 2019:

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As part of business promoting initiatives through construction of new enterprises and expanding the assets base, a group of leading companies of the gold-mining sector secured a consolidated loan from structures of VTB Bank. The funds will be used for purchase by AK Altynalmas of a controlling interest in GMK KAZAKHALTYN JSC, implementation of the project Aksu with capacity of 5 million tons of ore a year and optimization of the company's debt portfolio.

Besides, VTB Capital acts as a financial consultant of AK Altynalmas on purchase of a controlling block of shares in GMK KAZAKHALTYN JSC.

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The full press release is available on – see more

[2019-11-29]