---
title: "APAC Resources to Maintain 46.3% Stake in Tanami Gold with AUD32.6 Million Rights Issue Subscription"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285642791.md"
description: "APAC Resources has announced a full subscription to its entitlement in a rights issue by Tanami Gold, committing AUD32.6 million for 544,021,444 new shares at AUD0.06 each. This will maintain APAC's 46.3% stake in Tanami Gold. The subscription price is approximately 35% lower than Tanami Gold's last closing price. The transaction is classified as a discloseable deal under Hong Kong listing rules, reflecting APAC's strategic commitment to Tanami Gold and potentially impacting its risk profile in the gold sector."
datetime: "2026-05-08T00:48:22.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285642791.md)
  - [en](https://longbridge.com/en/news/285642791.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285642791.md)
---

# APAC Resources to Maintain 46.3% Stake in Tanami Gold with AUD32.6 Million Rights Issue Subscription

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APAC Resources ( (HK:1104) ) has issued an announcement.

APAC Resources has agreed to fully subscribe to its entitlement in a rights issue by Australian-listed Tanami Gold, committing about AUD32.6 million for 544,021,444 new shares at AUD0.06 each. The move, funded through internal resources and borrowings, will maintain APAC’s 46.3% stake in Tanami Gold once the new shares are settled and allotted in early June 2026.

The subscription price reflects a discount of roughly 35% to Tanami Gold’s last closing price and about 37% to its recent five-day average, indicating a capital-raising on attractive terms for APAC. The transaction, classified as a discloseable deal under Hong Kong listing rules, underscores APAC’s continued strategic commitment to Tanami Gold while avoiding the need for shareholder approval, and may influence the group’s risk profile and exposure to the gold sector.

**More about APAC Resources**

APAC Resources Limited is a Hong Kong‑listed investment and resource group focused on natural resources and mining-related assets. The company holds strategic stakes in commodities businesses and leverages its capital to gain exposure to resource projects and related financial opportunities in the Asia-Pacific region.

**Average Trading Volume:** 4,771,743

**Technical Sentiment Signal:** Strong Buy

**Current Market Cap:** HK$3.63B

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