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Future Bright Mining Extends Share Placement Period Amid Market Volatility

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Future Bright Mining Extends Share Placement Period Amid Market Volatility

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Future Bright Mining Holdings Ltd. ( (HK:2212) ) has provided an announcement.

Future Bright Mining Holdings Ltd. has announced a third supplemental agreement to extend the fulfillment period for placing new shares due to ongoing negotiations with potential investors concerned about market volatility. The new long stop date is set for March 20, 2025, with the placing price slightly adjusted to reflect recent stock fluctuations, maintaining the terms and conditions of the original agreement.

More about Future Bright Mining Holdings Ltd.

Future Bright Mining Holdings Ltd. is a company incorporated in the Cayman Islands, operating in the mining industry. It is listed on the Stock Exchange of Hong Kong and is involved in the placing of new shares under a general mandate.

YTD Price Performance: -14.62%

Average Trading Volume: 951,850

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$116.9M

For a thorough assessment of 2212 stock, go to TipRanks’ Stock Analysis page.

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