China Kingstone Mining Holdings Limited (1380) announced the completion of share subscriptions on 12 November 2025, following earlier announcements in August and October as well as shareholder approval on 10 November 2025. A total of 106,741,574 new shares were issued at HK$0.178 per share, generating gross proceeds of approximately HK$19.0 million. After deducting an estimated HK$0.4 million in expenses, net proceeds stand at about HK$18.6 million. Of this amount, approximately 30% will be allocated for general working capital and about 70% devoted to business growth and expansion, including exploration activities related to potential mining rights in Chile.

The newly issued shares represent around 27.07% of the Company’s pre-completion issued share capital and around 21.30% of the enlarged issued share capital immediately after completion. The total number of issued shares rose from 394,325,384 before completion to 501,066,958 upon completion.