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Stock Market & Financial Investment News

News Breaks
March 5, 2014
08:02 EDTKGJIKingold Jewelry announces joint venture with Kuwait Support Services Company
Kingold Jewelry announced that the company has signed a joint venture agreement with Kuwait Support Services Company. The two companies will form a combined entity that is expected to source and finance gold, and to develop, market, and distribute gold products including, but not limited to, gold coins, gold bullion, medals, ornaments, and jewelry. The company expects to market these products initially to customers in Kuwait, and then to customers in Bahrain, Oman, Qatar, Saudi Arabia, and the United Arab Emirates.
News For KGJI From The Last 14 Days
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December 15, 2014
08:08 EDTKGJIKingold Jewelry terminates At Market Issuance sales agreement
Kingold Jewelry announced that it and MLV & Co. mutually agreed to immediately terminate the previously announced At Market Issuance Sales Agreement pursuant to which the company could have offered and sold up to $10M of shares of its common stock from time to time with MLV as sales agent. The company did not sell any shares of its common stock under the ATM Facility. The Chairman of Kingold intends to schedule a meeting of its board of directors to review corporate strategy with a view towards enhancing stockholder value, the company noted. The review process will be ongoing and is expected to define corporate goals that focus on increasing stockholder value, providing greater access to management, setting high standards of corporate governance, reviewing the role of professional advisors and providing investors with the appropriate level of information and transparency.
December 9, 2014
07:06 EDTKGJIKingold Jewelry provides update on at-the-market offering
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