(Oct 23): Dragon Group International saw a fillip of trading interest this past week after the company said on Oct 19 that it would acquire a mining company in a reverse takeover.

The announcement about the RTO came out of the blue. But the real surprise was perhaps that there wasn’t a bigger reaction from the market.

Dragon Group is proposing to acquire 100% of a Seychelles-incorporated company called Coeur Gold Armenia for $500 million from one George Howard Richmond.

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