AustSino Resources Group Limited (ASX:ANS) announced a private placement of 25,000,000 fully paid ordinary shares issued at a price of AUD 0.013 per share for gross proceeds of AUD 325,000 on June 12, 2020. The transaction included participation from Solcorp Investments Pty Ltd. The securities are subject to a hold period of 12 months or until June 12, 2021.