China Kingstone Mining Issues 40 Million Settlement Shares

MT Newswires Live
13 Nov 2024

China Kingstone Mining (HKG:1380) has completed the allotment and issue of 40 million new shares to AOF I at HK$0.20 apiece, a Wednesday bourse filing said.

The shares were issued to settle a dispute between the parties regarding the conversion rights attached to certain bonds issued by the company.

Shares of the marble stone miner closed over 6% higher on Wednesday.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10