Brief: Kinetic Development To Subscribe 38.3 MLN MC Mining Shares At US$0.2089 Per Share
BRIEF-Kinetic Development To Subscribe 38.3 MLN MC Mining Shares At US$0.2089 Per Share Aug 13 (Reuters) - Kinetic Development Group Ltd 1277.HK:
TO SUBSCRIBE 38.3 MILLION MC MINING SHARES AT US$0.2089 PER SHARE FOR US$8 MILLION AT FIRST CLOSING
GRANTS US$8 MILLION BRIDGE LOAN TO MC MINING
Further company coverage: 1277.HK
((Reuters.Briefs@thomsonreuters.com;))
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