CMC china magnesium corporation limited

News: CMC China Magnesium Corporation Enters Into Subscription Agreement With Winshine Science Co

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    Dec 13 (Reuters) - China Magnesium Corporation Ltd (CMC) :

    • ENTERED INTO A $4.35 MILLION SUBSCRIPTION AGREEMENT WITH WINSHINE SCIENCE COMPANY LIMITED
    • WINSHINE HAS AGREED TO SUBSCRIBE FOR 87 MILLION ORDINARY SHARES OF CO AT $0.05
    • IMMEDIATELY AFTER COMPLETION WINSHINE WILL HOLD ABOUT 19.8% OF ISSUED SHARES OF CO, WILL BE LARGEST SHAREHOLDER

    Source text: bit.ly/2QMBIw2

    (([email protected];))

 
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