GT GOLD (08299) Plans to Place 1.039 Billion Shares, Expected to Raise Approximately HK$274 Million Net
Stock News
Sep 23
GT GOLD (08299) announced that on September 2, 2025 (after trading hours), the company (as issuer) entered into a placement agreement with joint placing agents. Under the agreement, the company conditionally agreed to issue, and the joint placing agents conditionally agreed to use their best efforts to procure placees for up to 1.039 billion placement shares at a placing price of HK$0.275 per placement share. Assuming all placement shares are fully placed, the total net proceeds from the placement are expected to be approximately HK$274 million.
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