GT GOLD Completes Placement of 398 Million Shares, Raising Approximately HK$165.3 Million Net

Stock News05-27

GT GOLD (08299) has announced that all conditions under the placement agreement have been fulfilled, with completion taking place on May 27, 2026. The joint placement agents have successfully placed a total of 398 million shares to no fewer than six placees at the placement price of HK$0.4275 per share, in accordance with the terms and conditions of the placement agreement. The gross proceeds from the placement amount to approximately HK$170.2 million, while the net proceeds total about HK$165.3 million.

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