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Mongolian Mining Corporation Announces Securities Redemption

Mongolian Mining Corporation Announces Securities Redemption

Mongolian Mining (HK:0975) has released an update.

Confident Investing Starts Here:

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.

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