APAC RESOURCES (01104) rose more than 3%. As of the time of writing, the stock was up 3.11% to HKD 2.65, with a turnover of HKD 9.6994 million.

On the news front, APAC RESOURCES announced that Tanami Gold had approached the company regarding a rights issue and inquired whether the group would subscribe to its entitlement. On May 7, 2026, APAC RESOURCES Mining signed a confirmation letter, agreeing to subscribe to its entitlement under the Tanami rights issue. This involves 544 million Tanami Gold shares, representing approximately 46.30% of Tanami Gold's enlarged issued share capital post-rights issue, for an amount of about AUD 32.641 million (excluding transaction costs), equating to approximately AUD 0.06 per Tanami Gold share.

Upon completion of the subscription, the group will hold 1.088 billion Tanami Gold shares, equivalent to approximately 46.30% of Tanami Gold's enlarged issued share capital after the rights issue.