FSS Could Put a Break on the Massive Capital Raise by Korea Zinc This Year

• Ham Young-Il (Deputy Director at FSS) stated that there is a high possibility of an unfair trading practice with regards to Korea Zinc's yesterday announcement of a massive capital raise.

• If the FSS puts a break on the capital raise, then there is less likely probability of a fierce proxy war between the two sides.

• All in all, we expect continued high volatility on Korea Zinc's share price and we remain negative on its share price in the next several weeks.