Mongolia Energy Corporation (00276) Announces January 2026 Monthly Return

Bulletin Express
Feb 03

Mongolia Energy Corporation (00276) reported that its authorized share capital remained at HKD 300,000,000 as of January 31, 2026, consisting of 15,000,000,000 ordinary shares at HKD 0.02 par value each. The issued share capital stayed at 188,125,849 shares, and there were no treasury shares reported.

No changes were recorded under authorized capital or issued share capital during the month. The public float requirement remained satisfied at the applicable minimum of 25%.

Regarding share options, 16,200,000 options lapsed under the 2012 Share Option Scheme. Under the 2022 Share Option Scheme, 18,812,584 shares remain available for potential issuance; no shares were issued during the month.

As for convertibles, the outstanding principal of the 3% Coupon Convertible Notes stood at HKD 4,058,618,170 at the end of January 2026, compared with HKD 4,048,484,428 a month earlier. The notes carry a conversion price of HKD 0.65, with 6,244,027,954 shares potentially issuable upon full conversion. No ordinary shares were issued during the month from these convertible notes.

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