China Kingstone Mining Holdings Ltd (HK:1380) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
China Kingstone Mining Holdings Ltd has completed the issuance of 40 million new shares to AOF I, raising approximately HK$7.8 million in net proceeds. This strategic move represents 15.69% of the company’s enlarged share capital and serves to settle previous claims under an amended agreement. The transaction aims to strengthen the company’s financial position and resolve outstanding obligations.
For further insights into HK:1380 stock, check out TipRanks’ Stock Analysis page.
