Dragon Mining Limited has successfully completed the placing of new shares under a general mandate. The company placed a total of 31,619,322 new shares at a price of HK$5.61 per share, raising approximately HK$172.8 million in net proceeds after deduction of related expenses. These funds are earmarked for the acquisition of a Mining Contractor Business, settlement of environmental bonds, upgrades to processing facilities in Finland and Sweden, and development costs at the Svartliden mining site. The placement represents 20% of the company's issued shares prior to the transaction and 16.67% following the placement. The shareholding structure has been updated accordingly, with Allied Properties Resources Limited holding 24.71% and public shareholders holding 58.62% of the total shares post-completion.