CORPORATE ACTIVITY
Gold miner Dragon Mining will delist from the ASX in favour of a listing on the Hong Kong Stock Exchange, with the company telling shareholders that it is also planning a A$17.5-million capital raise in conjunction with this new listing. Dragon on Friday said a delisting from the ASX was in the best interest of shareholders, as at least 53% of the company’s shares are currently beneficially held and controlled by three unassociated shareholders, all of whom reside outside of Australia.
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