According to official website of Government of Mongolia on June 20,2012 (http://open-government.mn/read-1475-.html) “Cabinet meeting has resolved establish additional agreement with banks that are distributing share and bounty from Human Development Fund and transfer payments to citizens who have decided to sell Erdenes Tavantolgoi shares to Government.”
- “As of May 29,2012 1 532 853 citizens have applied to sell the shares to Government, majority in cash”.
- “As of June 20, 2012 1096 enterprises have applied to National General Taxation Agency to buy 93 million shares of ETT. As of now, 82 enterprises have deposited over 2 billion MNT (1.5 million USD using today’s Bank of Mongolia’s reference rate of 1333MNT-Frontier Securities). Enterprises who ordered to buy shares should have deposited the money by June 28,2012. The proceeds will be used for subsequent financing.”