China Silver Group Limited (Stock Code: 815) disclosed on 16 February 2026 that it entered into six subscription agreements for a combined issuance of 910.00 million new shares at HK$0.51 each, representing a discount of approximately 17.74% to the 13 February 2026 closing price of HK$0.62. The new shares will constitute about 29.97% of current issued share capital, or 23.06% after completion, bringing in gross proceeds of HK$464.10 million and net proceeds of around HK$463.25 million.

According to the announcement, approximately 40% of net proceeds are designated for capital expenditure on the Shigatse Mine, another 40% is reserved to finance further exploration activities through the project company Xizang Shigatse, and the remaining 20% will go to general working capital. The subscription requires shareholder approval at an Extraordinary General Meeting, with no existing shareholders required to abstain. The company cautioned that completion is subject to fulfillment of specified conditions, and it advised investors to exercise care when dealing in its shares.