China Kingstone Mining Announces Further Delay in Circular for Private Placement of New Shares and Connected Transaction
Reuters
Sep 26
China Kingstone Mining Announces Further Delay in Circular for Private Placement of New Shares and Connected Transaction
**China Kingstone Mining Holdings Ltd. Announces Private Placement and Connected Transaction** China Kingstone Mining Holdings Ltd. has announced plans for a private placement involving subscriptions of new shares under a specific mandate. The company also intends to undertake a connected transaction through the issuance of additional new shares, also under a specific mandate. Details regarding the proposed subscriptions and the issuance of bonus shares will be provided in an upcoming circular to shareholders. The company is finalizing the necessary information and expects to dispatch the circular soon. The board comprises executive directors Mr. Chin Then Hin (Chief Executive Officer), Ms. Zhang Cuiwei, Mr. Zhang Weijun, and Mr. Zhang Mian, along with independent non-executive directors Mr. Andreas Varianos, Ms. Zu Rui, and Ms. Gu Yiran.
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