Khan Altai Resources LLC proudly clinched the title of “Best Securities Issuer” at “Grand Bull Awards 2023” a ceremony celebrating excellence in the Mongolian stock market. Held on December 1, this event recognizes outstanding contributions within the financial realm.

Since its inception in 2013, the “Grand Bull Awards” ceremony has been a quinquennial tradition spearheaded by member organizations of the Mongolian Securities Traders Association. This year’s competition, encompassing 15 categories, saw participation from capital market service providers and issuers, showcasing their expertise and accomplishments.

Khan Altai Resources Ltd. was nominated for two esteemed categories: “Outstanding Product” within the non-exchange market and “Best Issuer” within the same market segment. The “Khan Altai Bond” initiative earned the distinguished title of “Best Issuer.”

Remarkably, the “Khan Altai Bond” successfully raised MNT 45 billion from the non-exchange market and MNT 16 billion through secondary trading, accumulating a total of MNT 61 billion. Notably, in 2022, the company operationalized its Ore Processing Plant, a pivotal project that significantly contributed to the advancement of Mongolia’s western region. The company remains dedicated to fostering regional development through its impactful endeavors.