Zijin News April 15th-Zijin Mining held the 1st general meeting of shareholders, the 1st A Shareholders’ class meeting and the 1st H Shareholders’ meeting in 2019. The meetings reviewed and approved 10 proposals, including the “Proposal on the Company's Compliance with the Conditions for Public Issuance of A Shares” by means of on-site and online voting.
The total amount of funds raised (including the issuance expenses) for this public issuance will not exceed 8 billion yuan (included), which is mainly used to replace the self-raised funds of the pre-acquisition of the 100% shares of the Canadian Nevsun, to reduce the financial expenses, optimize the financial structure of the company and to improve the company's sustainable development capabilities.
About Zijin Mining
Zijin Mining is a leading global metals and mining company and one of the world’s largest producers of gold, copper, and zinc. The company has more than 30 large-scale mining operations and projects across 19 countries on 5 continents. Leveraging strong in-house research, engineering, and development capabilities, Zijin maintains high operational efficiency and low costs in both acquisitions and operations. This enables the company to be an industry leader in value creation, underpinned by its philosophy of pursuing development for all and sustained by superior environmental, social, and governance performance. Zijin’s shares trade on the Hong Kong Stock Exchange (HKEX: 2899) and the Shanghai Stock Exchange (SSE: 601899).