Fundraising
MINMETALS Resources Ltd, a unit of China's largest metals trader, plans to raise as much as HK$6.72 billion (US$864 million) by selling shares to fund a zinc project and exploration, according to a term sheet for the transaction.
Minmetals will sell as many as 1.2 billion shares at HK$5.20 to HK$5.60 (67 to 72 US cents) each, the term sheet obtained yesterday by Bloomberg News showed. The proceeds will be used to develop the Dugald River zinc project and other exploration activities, it said.
Minmetals will sell as many as 1.2 billion shares at HK$5.20 to HK$5.60 (67 to 72 US cents) each, the term sheet obtained yesterday by Bloomberg News showed. The proceeds will be used to develop the Dugald River zinc project and other exploration activities, it said.
- About Us
- |
- Terms of Use
- |
-
RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证:沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证:31120180004
- |
- 网络视听许可证:0909346
- |
- 广播电视节目制作许可证:沪字第354号
- |
- 增值电信业务经营许可证:沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.