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China Kingstone Mining Holdings Ltd ( (HK:1380) ) has shared an announcement.
China Kingstone Mining Holdings Ltd has completed the subscription of new shares, raising approximately HK$18.6 million after expenses. The proceeds will be used for general working capital and to fund the exploration stage of potential mining rights acquisition in Chile. The issuance of 106,741,574 new shares has altered the company’s shareholding structure, with the new shares representing about 21.30% of the enlarged share capital.
More about China Kingstone Mining Holdings Ltd
China Kingstone Mining Holdings Ltd is involved in the mining industry, focusing on acquiring and developing mining rights. The company is engaged in the exploration and expansion of its mining operations, with a market focus that includes potential acquisitions in regions such as Chile.
Average Trading Volume: 1,894,715
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$56.78M
See more data about 1380 stock on TipRanks’ Stock Analysis page.