PERSISTENCE RES completed the placement of 400 million new shares, netting approximately HKD 466 million

Zhitong
2025.10.14 08:40
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According to the Zhitong Finance APP, PERSISTENCE RES announced that on October 14, 2025, a total of 400 million placement shares were successfully placed by the placement agent at a placement price of HKD 1.18 per share to no less than six subscribers, raising approximately HKD 466 million, which is intended for the acquisition of potential gold mine projects; to accelerate the company's business expansion; and for general working capital and other general corporate purposes

According to the Zhitong Finance APP, PERSISTENCE RES (02489) announced that on October 14, 2025, a total of 400 million placement shares were successfully placed by the placement agent at a placement price of HKD 1.18 per share to no less than six subscribers, netting approximately HKD 466 million, which is intended for the acquisition of potential gold mine projects; to accelerate the company's business expansion; and for general working capital and other general corporate purposes

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