Future Bright Mining Holdings Announces Private Placement of Up to 210.65 Million New Shares at HK$0.133 Each
Reuters
Sep 25, 2025
Future Bright Mining Holdings Announces Private Placement of Up to 210.65 Million New Shares at HK$0.133 Each
Future Bright Mining Holdings Ltd. has announced a private placement of up to 210,651,840 new shares under a general mandate. The shares will be placed at a price of HK$0.133 per share through a placing agent, with the placement conducted on a best-effort basis. The company stated that none of the placees are expected to become substantial shareholders upon completion of the transaction. Future Bright Mining has not engaged in any equity fundraising activities in the past twelve months. Completion of the placement is subject to the fulfillment of conditions outlined in the placing agreement, and there is no guarantee that the transaction will proceed. Investors are advised to exercise caution when dealing in the company's shares.
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