Mongolian Stock Exchange and Mongolian Professional Institute of Geoscience and Mining signed the Memorandum of Understanding. Framework of cooperation between parties, the training called “Reporting the mineral resources to the public /MRC Code/” organized by Financial Regulatory Commission, Mongolian Stock Exchange and Securities companies on first half of August 2015.

 

On 17 August 2015, Mongolian Stock Exchange organized the training to the mining companies. This training provided understanding of how to conduct IPO in capital market and the advantages of foreign listed mining companies to dual list at Mongolian Stock Exchange. During the training, representatives of following mining companies participated:

• “Erdenes Tavan Tolgoi” JSC
• “Energy Resource” LLC
• “Mine Info” LLC
• “UyanGeo Resource” LLC
• “Megaton Minerals” LLC
• “International Mining Consulting” LLC
• “Sapfir Geo” LLC
• “IMC” LLC
• “Ikh Bayalag Mining” LLC.
  

By implementing the Clause No.: 5.6 of Mineral Law of Mongolia, which is to conduct IPO of 10 percent of strategic deposits through Mongolian Stock Exchange, information and advices informed to “Erdenes Tavantolgoi” JSC and “Energy Resource” LLC. In addition, open discussion about the listing classification 3 which is suitable for exploring licensed small and medium companies were discussed.   

 

 

 

 

Marketing and Public Relations Department
MONGOLIAN STOCK EXCHANGE