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Niuminco Group Ltd Announces Rights Issue


Monday, 8 Jul 2013 06:43pm EDT 

Niuminco Group Ltd announced it will be conducting a renounceable pro-rata partially committed rights issue at an issue price of $0.01 for each new ordinary share on the basis of one new share for every four shares held on the record date, to raise up to the sum of $924,844. The Company will issue a maximum number of 92,484,414 shares. The purpose of the issue is to provide the company with additional working capital. Shareholder approval is not required for the rights issue to proceed. 

Company Quote

0.0060
0.0010 +20.00%
14 Jul 2014