Core Viewpoint - The company, Gao Peng Mining (02212.HK), has announced a conditional placement agreement to issue up to 210 million shares at a price of HKD 0.133 per share, representing a discount of approximately 19.39% from the closing price of HKD 0.165 [1] Summary by Sections Placement Details - The placement will be made to no fewer than six independent third-party investors [1] - The maximum number of shares to be placed represents about 20.0% of the existing issued share capital as of the announcement date and approximately 16.7% of the enlarged issued share capital post-placement [1] Financial Implications - The estimated total gross proceeds from the placement are approximately HKD 28.02 million, with net proceeds expected to be around HKD 27.32 million [1] - The net proceeds will be allocated as follows: approximately 36.60% (HKD 10 million) for capital expenditure on the Yizhi Rock project and about 63.40% (HKD 17.32 million) for general working capital [1]
高鹏矿业(02212.HK)拟折价19.39%配售最多2.1亿股 净筹2732万港元