VANCOUVER
,
Sept. 24
/CNW/ -
China
Mining Resources Group Limited ("
China
Mining") announced that as of
September 23, 2009
, it has indirectly disposed of through its wholly-owned subsidiary, Best Tone Holdings Limited ("Best Tone"), 3,871,500 common shares (the "Shares") of Fortune Minerals Limited (TSX: FT) (the "Company"), constituting 5.67% of the issued and outstanding shares of the Company.
China
Mining now has beneficial ownership and control over 5,414,300 shares of the Company, which represents approximately 7.93% of the issued and outstanding shares of the Company.
The Shares were disposed of through the TSX in the normal course of
China
Mining's investment activities.
China
Mining may, directly or indirectly, at any time and from time to time, increase or decrease its beneficial ownership or control or direction of the Company's securities depending on future economic or market conditions.
The TSX has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.
For further information: China Mining Resources Group Limited, Rm 1306, 13/F, Bank of America Tower, 12 Harcourt Road, Admiralty, Hong Kong
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