Core Viewpoint - Everest Gold (stock code: 1815) announced a financing plan through the placement of new shares, raising approximately HKD 398 million, with a total of around HKD 400 million expected after expenses [1] Group 1: Financing Details - The company plans to issue 247,500,000 new shares at a price of HKD 1.61, representing a discount of approximately 19.5% compared to the previous trading day's closing price of HKD 2.00 [1] - The placement price also reflects an 18.8% discount compared to the average closing price of HKD 1.982 over the last five trading days [1] - The new shares will account for about 19.99% of the existing issued share capital and approximately 16.66% of the enlarged share capital after completion [1] Group 2: Use of Proceeds - The funds raised will be allocated for exploration activities at the Shannan and Shigatse mines, capital expenditures for potential mining opportunities nearby, and general corporate purposes [1] - The financing is based on a general authorization granted at the shareholders' meeting and is expected to be completed within five business days after the fulfillment of conditions by February 28, 2026 [1] Group 3: Company Overview - Everest Gold is a leading integrated online and offline jewelry retailer in China, primarily engaged in the design and sale of gold, silver, gemstones, and other jewelry products [1]
珠峰黄金：通过一般授权配售新股募资约4.0亿港元 矿产勘探及业务发展