Minmetals Development terminates non-public offering of stocks

Minmetals Development announced on late November 29th that on April 25, 2016, the Extraordinary General Meeting of the company examined and passed related issues on the company's non-public offering of A shares in 2015.Asian Metal CopyrightMinmetals Development announced on late November 29th that on April 25, 2016, the Extraordinary General Meeting of the company examined and passed related issues on the company's non-public offering of A shares in 2015.Asian Metal Copyright However, the market environment, regulatory policies and other factors have changed since the day of the issuance of the fixed increase plan, and the validity of the resolutions of shareholders’ meeting which approved the non-public offering was 12 months and the resolutions had been invalid already.Asian Metal Copyright After careful study, the company decided to terminate the non-public offering.Asian Metal Copyright After careful study, the company decided to terminate the non-public offering.

.Asian Metal CopyrightMinmetals Development announced on late November 29th that on April 25, 2016, the Extraordinary General Meeting of the company examined and passed related issues on the company's non-public offering of A shares in 2015Asian Metal Copyright