CliffordML (03686) Acquires Approximately 80,300 Allocated Silver Ounces

Stock News
Mar 23

CliffordML (03686) announced that on March 23, 2026, the Group instructed its bank to purchase approximately 80,300 allocated silver ounces. This transaction, referred to as the second silver investment, was completed using proceeds from previous unallocated gold sales totaling approximately RMB 27.3 million, along with internal resources of about RMB 10.7 million. The total consideration for the purchase was approximately HKD 43.2 million (equivalent to RMB 38 million). The purchase order was matched on the same day. The second silver investment is expected to be settled on March 25, 2026, with the Group anticipated to pay the consideration in cash upon settlement. Together with the first silver investment, these transactions are collectively termed the "Silver Investment."

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