Mount Everest Gold Group Sells Minority Stake to New Investor

Reuters11-19

Mount <a href="https://laohu8.com/S/01815">Everest Gold</a> Group Sells Minority Stake to New Investor

Mount Everest Gold Group Co. Ltd. has announced a minority equity investment through the subscription of new shares under a general mandate. Upon completion of the transaction, China Silver Group Limited's shareholding in Mount Everest Gold will be diluted from approximately 40.39% to 33.66%, constituting a deemed disposal under the Hong Kong Listing Rules. Additionally, a new investor, referred to as Subscriber A, will acquire a 4.04% stake in Mount Everest Gold. Following the completion, Mount Everest Gold's financial results will no longer be consolidated into China Silver Group's financial statements, with China Silver instead recognizing its share of profits or losses using the equity method.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mount Everest Gold Group Co. Ltd. published the original content used to generate this news brief on November 19, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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