China Kingstone Mining Fully Settles Loan Through Share Issue

MT Newswires Live
Yesterday

China Kingstone Mining (HKG:1380) completed the issue of 14,202,112 shares to lender Zeng Jingfeng to settle a nearly HK$2.4 million loan and accrued interest, a Wednesday Hong Kong bourse filing said.

The shares represent around 4.03% of the marble stone miner's enlarged issued share capital.

The parties had first agreed on the loan settlement in June.

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