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North Mining Shares Completes HK$74.7 Million Share Subscription

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North Mining Shares Completes HK$74.7 Million Share Subscription

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The latest update is out from North Mining Shares Co., Ltd. ( (HK:0433) ).

North Mining Shares Co., Ltd. has completed the subscription of 2,490,500,000 new shares at a price of HK$0.03 per share, raising approximately HK$74.7 million. The proceeds will be used to settle bank loans, other borrowings, and for general working capital, impacting the company’s financial structure and potentially enhancing its operational capabilities.

More about North Mining Shares Co., Ltd.

North Mining Shares Co., Ltd. is a company incorporated in Bermuda with limited liability, operating in the mining industry. The company is listed on the Stock Exchange of Hong Kong and focuses on mining-related activities.

Average Trading Volume: 8,814,062

Technical Sentiment Signal: Hold

Current Market Cap: HK$750.7M

For an in-depth examination of 0433 stock, go to TipRanks’ Overview page.

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