Summary by Moomoo AI
Zijin Mining Group Co., Ltd., on 22 March 2024, issued its previous Fund-Raising Use Verification Report, which covers the details of the use of funds as of 31 December 2023. The report, issued by the Office of Accountants of ANON (Special General Partnership), confirms that Purple Gold Mining uses raising funds in all major respects in accordance with the requirements of the China Securities and Exchange Commission and does not report significant errors. The funds raised for the 2018 IPO and the 2020 Public Issue of Convertible Corporate Bonds have all been used up and the respective private accounts have been sold. In addition, the report noted the effectiveness of fund raising investment projects, including projects such as the Kamoa-Kakula copper mine project of Congo (gold) Kamoa-Kakula Holdings Limited and the Timok copper mine belt selection project of Serbia Purple Gold Mining Limited, which have achieved or exceeded expected benefits.