Kinetic Mines’ Strategic Move in Seedlife Acquisition

Kinetic Mines & Energy Ltd. (HK:1277) has released an update.

Kinetic Development Group Limited has announced a supplemental agreement to its acquisition of Seedlife, amending the payment terms to ensure a refund and interest if necessary approvals are not obtained. The company plans to dispatch a circular detailing the agreement and acquisition to shareholders. This move highlights Kinetic’s strategic efforts to secure its investments and potentially boost its market standing.

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