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Korea Zinc Dismisses Paid-In Capital Increase Reports, Stating "No Such Review Conducted"... Issues Official Clarification via Regulatory Filing

Korea Zinc has dismissed rumors surrounding the possibility of a paid-in capital increase, which was recently raised in media reports and by some market partici

CBC News Desk
Staff Reporter
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Korea Zinc Dismisses Paid-In Capital Increase Reports, Stating "No Such Review Conducted"... Issues Official Clarification via Regulatory Filing
CBC News

Korea Zinc has dismissed rumors surrounding the possibility of a paid-in capital increase, which was recently raised in media reports and by some market participants, stating that it has not reviewed such a measure.

According to a related regulatory filing on the 23rd, Korea Zinc clarified its position in response to an article about a paid-in capital increase published in an economic daily the previous day (June 22).

In the filing, Korea Zinc clearly stated, "We have not reviewed the paid-in capital increase mentioned in the article." Accordingly, the company officially confirmed that it is currently neither pursuing nor considering the paid-in capital increase mentioned in the article.

CBC News Desk
Staff Reporter

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