KIG Mining Plc Announces That It Has Secured a 10 Million Line of Funding

Under an agreement signed on 7 July 2009, GEM Global Yield Fund Limited, the UK based private investment group, has agreed to provide KIG Mining Plc with €10 million over the next three years in the form of an equity line of credit. KIG will control the timing and maximum amount of any draw down under this credit line. On drawdown, KIG will issue ordinary shares to GEM Global at a price per share... 

Tag: the gem group private equity, k i g mining, mining private equity hong kong, kig line, gem kig mining