Core Viewpoint - China Jinshi (01380) announced a conditional subscription agreement with six subscribers to issue a total of 95.56 million subscription shares at a price of HKD 0.178 per share, raising approximately HKD 17 million [1] Group 1 - The total number of subscription shares represents approximately 25.8% of the existing issued shares as of the announcement date and about 20.5% of the enlarged issued shares post-completion, assuming no other changes in issued shares [1] - The estimated total proceeds from the subscription are approximately HKD 17 million, with a net amount of about HKD 16.7 million after deducting related expenses, equating to a net subscription price of approximately HKD 0.175 per share [1] - The proceeds from the subscription are intended for general working capital purposes and for the development and expansion of the group's business, including funding for the acquisition of mining rights in Chile [1]
中国金石完成发行合共9550.56万股认购股份