SOUTH MANGANESE (01091) has completed the issuance of 987 million placement shares.

date
16:33 07/09/2026
avatar
GMT Eight
Southern Manganese Industry (01091) announced that all conditions outlined in the placement agreement have been met, and the completion was realized on September 7, 2026. According to the terms and conditions of the placement agreement, the placement agent successfully placed a total of 987 million shares at a placement price of HKD 0.314 per share to one subscriber, Hang Bao Global Limited, which represents approximately 16.67% of the companys expanded total issued shares following the completion of the placement.
SOUTH MANGANESE (01091) announced that all conditions set forth in the placement agreement have been met, and the completion was implemented on September 7, 2026. According to the terms and conditions of the placement agreement, the placement agent successfully placed a total of 987 million shares at a placement price of HK$0.314 per share to a subscriber, Hang Bao Global Limited, representing approximately 16.67% of the total issued shares expanded by the placement shares after the completion.