BRIEF-China Silver Group updates on issue of consideration shares

April 11 (Reuters) - China Silver Group Ltd

* Says 2016 after-tax profit of enlarged target group

exceeded rmb80 million

* Pursuant to sale and purchase agreement, final

consideration to be paid to vendor by company shall be adjusted

to rmb625 million

* Remaining balance of consideration in sum of rmb275

million was paid on april 11 by co by way of issue and allotment

of 137.5 million consideration shares

* Refers to announcements in respect of effective

acquisition of remaining 75% equity interest in shanghai huatong

through a series of deals

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