Honbridge plans to redirect HK$317.5 million of unspent 2024 subscription proceeds to fund South African copper mine acquisition payments

• Honbridge redirected HK$317.5 million of unspent 2024 subscription proceeds to fund near-term acquisition consideration payments due before December 2026.
• Subscription net proceeds estimate kept at HK$895 million, with the updated plan allocating HK$403.1 million to the acquisition.
• HK$317.5 million of subscription proceeds earmarked to replenish the original uses, mainly mineral projects, once the subscription completes.
• Funding for the South African copper mining project reset to HK$149.4 million from HK$467.6 million, reflecting revised capital needs.
• General working capital allocation unchanged at HK$25 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Honbridge Holdings Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260903-12319456), on September 03, 2026, and is solely responsible for the information contained therein.