Korea Zinc Co., Ltd. (KOSE:A010130) entered into a sale purchase agreement to acquire 49% stake in Zinc Oxide Corporation Vietnam Joint Stock Company from Zincox Resources plc for $1.25 million on April 16, 2018. The consideration will be paid by April 30, 2018. In a related transaction, Zincox Resources plc has entered into a Technical Assistance and Marketing Support Agreement with Zinc Oxide Corporation Vietnam Joint Stock Company on April 16, 2018. The proceeds from the sale will be added to the Company's existing funds and used to identify and progress other projects.