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Sinocop Resources Holdings Ltd announces placing of new shares


Tuesday, 4 Mar 2014 07:47am EST 

Sinocop Resources Holdings Ltd:Enters agreement with placing agents to place, a maximum of 450 mln placing shares to not less than six placees at a placing price range from HK$0.73 to – HK$0.83 per placing share.The placing shares represents about 21.32 pct.The gross proceeds from the placing are expected to be ranged from HK$328.50 million to HK$373.50.The company intends to use the net proceeds from the placing for the capital investment in a target company. 

Company Quote

1.09
0.03 +2.83%
3:59am EDT