Coal Mining Producer, Guizhou Panjiang Refined Coal Plans To Issue 509 Million New Shares

Guizhou Panjiang Refined Coal’s share placement and the acquisition are reportedly to pave the way for the parent’s group listing.
According to the statement of the mining producer, proceeds from the share placement will be used to acquire its parent’s four mines and mining rights as well as operating assets and complementary assets of another related [...]

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