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Kopex coal machine firm in secondary share offering

TAG'S: KOPEX, Industrial (other)

Listed mining equipment maker Kopex was authorized by its shareholders to increase its capital by up to PLN 10.5 mln via issuance of up to 10.5 mln shares with PLN 1 nominal value, the firm said in a market filing and a press statement.

 

The capital increase can take place by March 14, 2017, the press statement showed.

 

Means from the issue are to be spent on investments, among others related to the construction of a coal mine and potential acquisitions of companies with a complementary profile, the statement also read.

2014-03-18



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