Kinetic Mines & Energy Ltd. (HK:1277) has released an update.
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Kinetic Mines & Energy Ltd. has announced a delay in the distribution of a circular regarding its acquisition of a 75% equity interest in Changlin, initially scheduled to be dispatched by June 30, 2024. The postponement, due to the need for additional time to complete restructuring and finalize reports, has set a new expected dispatch date on or before June 30, 2025. Shareholders are advised to await further details concerning the significant transaction and its implications for the company.
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