GT GOLD (08299) has experienced a further increase of over 5%, trading up 3.51% at HKD 0.59 with a turnover of HKD 10.10 million at the time of this report. Recently, GT GOLD announced that on October 10, 2025, it submitted a transfer application to the Hong Kong Stock Exchange in accordance with Chapter 9B of the Main Board listing rules. The transfer will not involve the issue of any new shares by the company. The announcement highlighted that the group has maintained stable financial performance, business growth, and expansion in recent years. The board believes that the transfer to the main board, which boasts a larger overall market capitalization, higher trading volume, and significantly enhanced international recognition, will effectively improve the company's corporate image and public awareness. According to public information, GT GOLD’s main gold mine is the Taizhou Gold Mine project located in Tongguan County, Shaanxi Province, known for its reputation as a "thousand-year gold mine" in the small Qinling area. The company previously announced a placement of 1.039 billion new shares with a net fundraising estimate of approximately HKD 274 million, of which about 70% is reserved for future acquisitions, around 5% for deep resource exploration and research in collaboration with universities and leading mining companies in Shaanxi Province, as well as AI mining partnerships, and approximately 25% will be used to supplement working capital.
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