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Zijin Mining Extends Validity for Convertible Bond Issuance

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Zijin Mining Extends Validity for Convertible Bond Issuance

Zijin Mining Group Co ( (HK:2899) ) has issued an update.

Zijin Mining Group Co. has announced an extension of the validity period for its resolution on the issuance of A Share Convertible Corporate Bonds to non-specific investors. Originally set to expire on 24 May 2024, the validity period has been extended to 24 May 2026 to ensure the smooth implementation of the bond issuance process. This extension reflects the company’s ongoing efforts to manage its financial strategies effectively and maintain its competitive edge in the mining industry.

More about Zijin Mining Group Co

Zijin Mining Group Co. is a prominent company in the mining industry, primarily focusing on the extraction and production of minerals and metals. The company is known for its operations in gold, copper, and other valuable resources, positioning itself as a key player in the global mining market.

YTD Price Performance: 24.89%

Average Trading Volume: 56,358

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $64.15B

For a thorough assessment of 2899 stock, go to TipRanks’ Stock Analysis page.

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