Core Viewpoint - Jihai Resources (02489) successfully placed a total of 400 million shares at a price of HKD 1.18 per share, raising approximately HKD 466 million for various purposes including potential gold mine acquisitions and general operational funding [1] Group 1 - The placement involved at least six subscribers [1] - The net proceeds will be used for acquiring potential gold mining projects [1] - The funds will also support the company's business expansion and general corporate purposes [1]