Mount Everest Gold Group Company Limited (abbreviated “Everest Gold”) has signed supplemental agreements with Subscriber A and Subscriber B to push back the long-stop date for completing their respective share subscriptions under the general mandate. The deadline moves from 31 March 2026 to 30 May 2026, allowing additional time for the two investors to satisfy all conditions precedent and settle consideration payments.
Except for the revised timetable, all other terms and conditions in the original subscription agreements remain unchanged and in full effect.
Completion of the two subscriptions remains conditional on fulfillment of the agreed prerequisites. The company cautions shareholders and potential investors that the transactions may or may not proceed and advises careful trading in the interim.
The announcement was authorized by Chairman Chen He and released in Hong Kong on 31 March 2026. Everest Gold’s board currently comprises three executive directors—Chen He, Qian Pengcheng and Huang Wen—alongside independent non-executive directors Yu Leung Fai, Hu Qilin and Zhang Zuhui.