Oct 3 (Reuters) - China Metal Resources Utilization Ltd
:
* ON 27 SEPTEMBER CO ENTERED INTO SUBSCRIPTION AGREEMENT WITH SICHUAN KAIYUE INVESTMENT
* INVESTOR TO SUBSCRIBE, PAY FOR CONVERTIBLE NOTES TO BE ISSUED BY CO IN A PRINCIPAL AMOUNT OF RMB400 MILLION
* CONVERTIBLE NOTES ARE CONVERTIBLE INTO SHARES OF HK$0.10 EACH IN CAPITAL OF CO AT HK$0.465 PER SHARE
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