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    Redstar Development to raise no more than RMB580 million for high-purity manganese sulfate and other projects

    2022-11-02 14:22:49   [Print]
    Redstar Development on November 1 announced that, the company intends to raise no more than RMB580 million (USD80 million) by issuing shares in a private placement, which is intended to be used to acquire 75% equity of Qingdao Red Butterfly Precision Materials Co.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd., for 50,000 tons/year power-battery-special high-purity manganese sulfate project and to supplement working capital.
    .Asian Metal CopyrightRedstar Development on November 1 announced that, the company intends to raise no more than RMB580 million USD80 million byissuing shares in a private placement, which is intended to be used to acquire 75% equity of Qingdao Red Butterfly Precision Materials CoAsian Metal Copyright
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