Australia's Tietto asks investors to accept Chinese mining firm Zhaojin's offer or sell shares

Australia's Tietto asks investors to accept Chinese mining firm Zhaojin's offer or sell shares

FILE PHOTO: Flakes of gold leaf are pictured in Tokyo April 4, 2008. REUTERS/Michael Caronna/File Photo

Australia’s Tietto Minerals has urged its shareholders to accept Zhaojin Mining’s offer that values the firm at A$733 million ($480.41 million) or sell shares on-market if the market price is not materially different to the offer price.