News Column

Shenzhen Zhongjin Lingnan Nonfemet Plans to Raise CNY1.27bn

August 6, 2014

SHANGHAI, August 6, SinoCast -- Shenzhen Zhongjin Lingnan Nonfemet issues a plan that it will issue shares to not more than ten investors and finance not more than CNY 1.27 billion.

Net financing, with issuance expenses deducted, will be used for technology upgrade of Fankou lead and zinc dressing plant, 3000t/d output expansion of lead and zinc dressing in Guangxi Zhongjin Lingnan and supplement of working capital.

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Source: Sinocast Metals, Mining & Chemicals Beat (China)

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