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An announcement from China Kingstone Mining Holdings Ltd ( (HK:1380) ) is now available.
China Kingstone Mining Holdings Ltd announced the termination of a memorandum of understanding with Sino-American Energy SpA regarding a potential acquisition of mining rights related to the Pureo Project. The company decided not to proceed after preliminary due diligence and stated that the termination will not adversely affect its business operations or financial position. The company remains committed to seeking other investment opportunities to expand its business.
More about China Kingstone Mining Holdings Ltd
China Kingstone Mining Holdings Ltd is a company involved in the mining industry, focusing on the acquisition and development of mining rights and projects.
Technical Sentiment Signal: Buy
Current Market Cap: €4.89M
See more insights into 1380 stock on TipRanks’ Stock Analysis page.