Core Viewpoint - Long Resources (01712) experienced a significant decline of over 11% in its stock price following the announcement of a new share placement, indicating market reaction to potential dilution and funding strategy [1] Group 1: Share Placement Details - Long Resources announced a placement of up to 31.6193 million new shares, which represents a 16.67% increase in the enlarged share capital [1] - The placement price is set at 5.61 HKD per share, reflecting a discount of 19.86% compared to the closing price on September 8 [1] - If all shares are fully placed, the total proceeds from the placement will be approximately 177.4 million HKD, with net proceeds around 172.8 million HKD [1] Group 2: Use of Proceeds - Approximately 110.7 million HKD will be allocated for the acquisition of mining contractor businesses [1] - Around 37.5 million HKD is designated for settling environmental bonds [1] - About 17.4 million HKD will be used for upgrading facilities and equipment at processing plants in Finland and Sweden [1] - Approximately 7.2 million HKD is earmarked for mining development costs at Svartliden [1]
港股异动 | 龙资源(01712)低开逾11% 拟折让约19.86%配股净筹约1.73亿港元