536 share of Erdenes Tavan Tolgoi will be given to people of Mongolia

Mar 31 • Mining, News, Politics • 634 Views • No Comments on 536 share of Erdenes Tavan Tolgoi will be given to people of Mongolia

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Cabinet Meeting made decision to distribute 536 share of Tavan Tolgoi to people of Mongolia, which will form 10% of total shares  to be announced to the public. The Mongolian total population is 2,796,341 as of March 31 2011.

This is the election promise must be fulfilled during this term of the election 2088-2012. Another 20% of the shares will be offered to the Mongolian companies with its face value. Share price will be confirmed soon.

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