2 stories mentioning HKG:1380Updated 59m ago
Every FINWIRES story that references HKG:1380, newest first.
China Kingstone Mining (HKG:1380) entered into a cooperation MoU with First Asia Merchants Bullion and First Gold 3.0 Holding on Friday, according to a Monday Hong Kong bourse filing.The parties aim to collaborate on gold supply, gold refinement, retail investment, strategic cooperation, gold recovery, hedging, and reciprocal investment.The companies are yet to enter into a formal agreement for the cooperation.
China Kingstone Mining (HKG:1380) said it agreed to sell HK$9.1 million worth of shares to five subscribers, according to a Hong Kong bourse filing Friday.Shares of the mining company gained nearly 18% in morning trade Monday.The firm will issue nearly 15.9 million shares at HK$0.57 apiece to raise funds for general working capital and to expand the company's business.The shares represent 3.17% of the company's issued share capital, and 3.07% as enlarged by the sale.
