北方矿业(00433)完成发行合共24.905亿股认购股份

Core Viewpoint - Northern Mining (00433) has completed the subscription agreement, fulfilling all conditions precedent, with the subscription completed on August 18, 2025 [1] Group 1: Subscription Details - The subscriber has acquired a total of 2.4905 billion shares at a subscription price of HKD 0.03 per share [1] - The net proceeds from the subscription, after deducting professional fees and other related expenses, amount to approximately HKD 74.7 million [1] Group 2: Use of Proceeds - The company plans to use the net proceeds to repay bank loans and other borrowings under its current liabilities, as well as for general working capital [1]