SYDNEY, Dec 9 (Reuters) - Chinese metals company Shenzhen Zhongjin Lingnan Nonfemet Co Ltd will become a majority shareholder in Australia's Perilya Ltd following a share placement, Perilya said in a statement on Tuesday.
Perilya said it would place A$45.5 million ($30.1 million) in new shares with Zhongjin at an issue price of A$0.23, giving the Chinese group a 50.1 percent stake.
For more, see:.
($1=A$1.51)
(Reporting by James Thornhill) Keywords: PERILYA/SHENZHEN (james.thornhill@reuters.com; +61-2-9373-1816; Reuters Messaging: james.thornhill.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2008. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Perilya said it would place A$45.5 million ($30.1 million) in new shares with Zhongjin at an issue price of A$0.23, giving the Chinese group a 50.1 percent stake.
For more, see:.
($1=A$1.51)
(Reporting by James Thornhill) Keywords: PERILYA/SHENZHEN (james.thornhill@reuters.com; +61-2-9373-1816; Reuters Messaging: james.thornhill.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2008. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.