General Moly, Hanlong end share-purchase agreement

Aug 22, 2013 | 02:14 PM | Daniel Fitzgerald

Tags  General Moly, Mount Hope, molybdenum, Bruce Hansen, Hanlong (USA) Mining Investment, share purchase agreement, Daniel Fitzgerald

NEW YORK — General Moly Inc. and Hanlong (USA) Mining Investment Inc. have terminated a securities purchase agreement between the two companies.

The agreement, signed in March 2010, provided an opportunity for Hanlong to purchase General Moly’s stock in two $40-million tranches. ....

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