Mount Everest Gold (HKG:1815) has completed certain subscriptions of new shares under a general mandate, following receipt of part or all of the consideration under three subscription agreements, according to a Feb. 6 Hong Kong bourse filing.

Shares of the jewelry retailer were up over 1% in Monday morning trade.

The company issued an aggregate of 79 million new shares at HK$1.61 each, representing about 5.90% of its enlarged share capital, raising net proceeds of about HK$127 million after fees.

Mount Everest Gold said subscriptions for the remaining 146.8 million shares under the relevant agreements are expected to be completed in accordance with their terms, subject to the fulfillment of conditions precedent.