Hanking Gold agrees to buy remaining 9.56% of Hanking Gold; consideration totals HKD 815 million in shares at HKD 4.0 each

Reuters03-26

Hanking Gold agrees to buy remaining 9.56% of Hanking Gold; consideration totals HKD 815 million in shares at HKD 4.0 each

Hanking Gold agreed to acquire the remaining 9.56% stake in Hanking Gold, taking its ownership from 90.44% to 100%.
The transaction consideration is HKD 814.6 million, to be settled via the issuance of 203,647,733 new shares at an issue price of HKD 4.0 per share.
The consideration shares represent about 9.09% of Hanking Gold’s existing issued share capital and about 8.33% on an enlarged basis.
Following completion, Hanking Gold will hold 100% of the gold business that includes 5.54 Moz of gold resources and 2.62 Moz of gold reserves under the JORC (2012) code.

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. Hanking Gold International 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-20260326-12070394), on March 26, 2026, and is solely responsible for the information contained therein.

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