Lygend Resources & Technology (HKG:2245, SHE:002146) on Thursday filed its prospectus for an initial public offering of 172.9 million shares, or 10% of post-issuance capital, on Shenzhen's main board.
Proceeds will fund a wet-process slag resource utilization project and a mixed hydroxide precipitate refining project, according to the prospectus.
The expected issue date is on Sept. 18.
China International Capital serves as lead underwriter.
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