China Kingstone Mining Holdings Ltd. has announced the successful completion of a private placement of new shares under its general mandate. The company allotted and issued a total of 19,137,888 new shares to a subscriber at a price of HK$0.185 per share. This issuance represents approximately 4.91% of the company's enlarged share capital following the placement. The new capital is expected to strengthen the company's financial position and support its ongoing business development.
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