Lingbao Gold Group Acquires Majority Stake in Target Company

Reuters2025-12-30

Lingbao Gold Group Acquires Majority Stake in Target Company

Lingbao Gold Group Company Ltd. has announced a discloseable asset transaction involving the subscription of 50% plus one share of the equity interest in St Barbara Mining Pty Ltd. The transaction value was determined with reference to a valuation of the Simberi gold mine project, following financial due diligence conducted by an independent professional valuation firm. Completion of the transaction is subject to the fulfillment of conditions precedent under the Equity Placing Agreement.

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. Lingbao Gold Group Company Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251230-11971822), on December 30, 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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The transaction value was determined with reference to a valuation of the Simberi gold mine project, following financial due diligence conducted by an independent professional valuation firm. Completion of the transaction is subject to the fulfillment of conditions precedent under the Equity Placing Agreement.\n      \n\n\nDisclaimer: 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. Lingbao Gold Group Company Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. 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