North Mining Shares Co., Ltd. Reports Progress on Financial Stability and Operational Viability
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North Mining Shares Co., Ltd. (HK:0433) has reported progress in addressing a disclaimer of opinion in its 2024 annual report regarding its going concern status. The company highlighted significant revenue and profit from its mining operations, demonstrating operational viability and financial stability. It also completed equity financing through new share subscriptions, raising approximately HK$74.7 million to settle debts and enhance working capital, reflecting its commitment to financial management and shareholder value.
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