AcquisitionsApr 13, 2026, 06:07 AM
Minerva Gold to Acquire Taizhou Sentian; Officer Gains Control
AI Summary
Minerva Gold Inc. entered into a Letter of Intent to acquire Taizhou Sentian Sanitary Ware Co., Ltd., a company owned by its Sole Officer and Director, Zhang Chengcheng. The acquisition, expected to involve common and preferred stock, is targeted for completion by May 31, 2026. Separately, Zhang Chengcheng acquired 5,000,000 shares, representing approximately 76.10% of Minerva Gold's common stock, from Aftandil Aibekov, resulting in a change of control effective April 10, 2025.
Key Highlights
- Minerva Gold signed LOI to acquire Taizhou Sentian Sanitary Ware.
- Taizhou Sentian is owned by Minerva's Sole Officer, Zhang Chengcheng.
- Zhang Chengcheng acquired 76.10% of Minerva Gold's common stock.
- Acquisition expected to close by May 31, 2026.
- Taizhou Sentian operates in 12,000 sq. meters, employs 100 staff.