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An update from China Silver Group Ltd. ( (HK:0815) ) is now available.
China Silver Group Ltd. has successfully completed certain subscriptions of new shares under a general mandate, issuing a total of 136,668,000 shares at a subscription price of HK$0.45 per share. This issuance represents approximately 5.51% of the company’s enlarged share capital and has generated net proceeds of approximately HK$61,352,000, which will be applied as previously disclosed. The completion of the remaining subscriptions, totaling 323,332,000 shares, is expected to occur in accordance with the relevant agreements, with further announcements to be made as necessary.
More about China Silver Group Ltd.
China Silver Group Ltd. is a company incorporated in the Cayman Islands, primarily involved in the silver industry. It focuses on the production and sale of silver and related products, operating within the broader precious metals market.
Average Trading Volume: 42,322,162
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.17B
See more insights into 0815 stock on TipRanks’ Stock Analysis page.