Triton welcomes new cornerstone investor

China’s Jinan Hi-Tech is set to invest A$19.5-million into ASX-listed Triton Minerals through a share placement and the acquisition of shareholder Shandong Tianye Mining’s 19.3% stake in the company. Subject to shareholder approval, Jinan would subscribe for A$8.5-million shares in Triton, taking some 207.3-million shares at 4.1c a piece.