Future Bright Mining’s Share Placing Plan Lapses

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Future Bright Mining’s Share Placing Plan Lapses

Future Bright Mining Holdings Ltd. ( (HK:2212) ) has shared an update.

Future Bright Mining Holdings Limited announced that the planned placing of new shares under a general mandate will not proceed as the conditions precedent in the Placing Agreement were not satisfied. The lapse of the agreement is not expected to have a material adverse impact on the company’s current operations or financial position.

More about Future Bright Mining Holdings Ltd.

Future Bright Mining Holdings Limited is a company incorporated in the Cayman Islands, operating in the mining industry. The company is listed on the Hong Kong Stock Exchange under the stock code 2212.

YTD Price Performance: -14.62%

Average Trading Volume: 863,684

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$116.9M

Learn more about 2212 stock on TipRanks’ Stock Analysis page.

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