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Mount Everest Gold Group Expands Exploration Efforts with New Share Subscription

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Mount Everest Gold Group Expands Exploration Efforts with New Share Subscription

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CSMall Group Limited ( (HK:1815) ) has issued an announcement.

Mount Everest Gold Group Company Limited, a company incorporated in the Cayman Islands, has announced a supplemental update regarding the subscription of new shares under a general mandate. The proceeds from this subscription will be primarily allocated towards capital expenditures for exploration activities at the Lhoka and Shigatse Mines, as well as general working capital for operational expenses. This strategic move aims to support the company’s growth and development plans, potentially impacting its market positioning and offering new opportunities for stakeholders.

The most recent analyst rating on (HK:1815) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on CSMall Group Limited stock, see the HK:1815 Stock Forecast page.

More about CSMall Group Limited

Average Trading Volume: 11,133,081

Technical Sentiment Signal: Buy

Current Market Cap: HK$3B

Learn more about 1815 stock on TipRanks’ Stock Analysis page.

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