Mongolian Mining (HK:0975) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Mongolian Mining Corporation has announced its plan to redeem all outstanding perpetual securities on October 2, 2024, with a total principal amount of US$122,527,920, plus accrued distribution payments. This strategic financial move, which will be funded through the company’s internal resources, is not expected to materially impact the company’s financial standing.
For further insights into HK:0975 stock, check out TipRanks’ Stock Analysis page.