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An update from China Silver Group Ltd. ( (HK:0815) ) is now available.
China Silver Group Ltd. announced the completion of certain subscriptions of new shares under a general mandate, resulting in the issuance of 241,332,000 shares. This represents approximately 8.17% of the company’s enlarged issued share capital. The net proceeds of approximately HK$108,337,000 from these subscriptions will be applied as previously disclosed. Completion of the remaining subscription of 82,000,000 shares is expected to occur as per the relevant agreement, with further announcements to follow.
The most recent analyst rating on (HK:0815) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Silver Group Ltd. stock, see the HK:0815 Stock Forecast page.
More about China Silver Group Ltd.
China Silver Group Ltd. is a company incorporated in the Cayman Islands, primarily engaged in the silver industry. The company focuses on the production and sale of silver products and related services.
Average Trading Volume: 74,066,150
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.65B
Learn more about 0815 stock on TipRanks’ Stock Analysis page.