Kinetic Mines & Energy Ltd. (HK:1277) has released an update.
Kinetic Mines & Energy Ltd. has announced a delay in the distribution of a circular regarding its acquisition of a 75% equity interest in Changlin, initially scheduled to be dispatched by June 30, 2024. The postponement, due to the need for additional time to complete restructuring and finalize reports, has set a new expected dispatch date on or before June 30, 2025. Shareholders are advised to await further details concerning the significant transaction and its implications for the company.
For further insights into HK:1277 stock, check out TipRanks’ Stock Analysis page.