Almana Limited — Capital/Financing Update 2016

Mar 16, 2016

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

This announcement appears for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for the securities of the Company.

==> picture [90 x 84] intentionally omitted <==

IR Resources Limited 同仁資源有限公司

(Incorporated in Bermuda with limited liability)

(Stock Code: 8186)

REVISED EXPECTED TIMETABLE AND SUPPLEMENTAL UNDERWRITING AGREEMENT

Reference is made to the announcements (the “Announcements”) issued by the Company dated 24 February and 15 March 2016 in respect of, among others, the Capital Reorganisation, the Rights Issue, the Underwriting Agreement and delay in despatch of the Circular. Unless otherwise defined, capitalised terms used in this announcement shall have the same meaning as those defined in the Announcements.

REVISED EXPECTED TIMETABLE

The Board is pleased to announce that the Circular is expected to be despatch on 22 March 2016 and the expected timetable for the Capital Reorganisation and the Rights Issue, as revised, is set out below:

2016

(Hong Kong time)

Despatch of the Company’s circular in respect of . . . . . . . . . . . . . . . . . . . . . . . . . Tuesday, 22 March the Capital Reorganisation and the Rights Issue

Latest time for return of proxy form of SGM . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Monday, 18 April

SGM . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10:00 a.m. on Wednesday, 20 April

— 1 —

Announcement of results of the SGM to be published . . . . . . . . . . . . . . . . . . . . Wednesday, 20 April
on the website of the Stock Exchange
The following events are conditional on the fulfillment of the conditions for the implementation
of the Capital Reorganisation
Effective date of the Capital Reorganisation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Thursday, 21 April
and dealing of New Shares
First day of free exchange of existing certificates for . . . . . . . . . . . . . . . . . . . . . . .Thursday, 21 April
Existing Shares into new certificates for New Shares
Last day of dealing in New Shares on cum-rights basis . . . . . . . . . . . . . . . . . . . . .Thursday, 21 April
First day of dealing in New Shares on ex-rights basis . . . . . . . . . . . . . . . . . . . . . . . .Friday, 22 April
Latest time for Shareholders to lodge transfer of . . . . . . . . . . . . . . . . 4:30 p.m. on Monday, 25 April
New Shares to be qualify for the Rights Issue
Closure of register of members of the Company to . . . . . . . . . . . . . . . . . . . . . . . Tuesday, 26 April to
determine the entitlements to the Rights IssueTuesday, 3 May
(both dates inclusive)
Record Date for the Rights Issue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Tuesday, 3 May
Register of members of the Company re-opens . . . . . . . . . . . . . . . . . . . . . . . . . . . Wednesday, 4 May
Despatch of Prospectus Documents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Thursday, 5 May
(in the case of Non-Qualifying Shareholders, the Prospectus Only)
First day of dealing in nil-paid Rights Shares . . . . . . . . . . . . . . . . . . . . . 9:00 a.m. on Monday, 9 May
Last day for splitting nil-paid Rights Shares . . . . . . . . . . . . . . . . . . 4:30 p.m. on Wednesday, 11 May
Last day of dealing in nil-paid Rights Shares . . . . . . . . . . . . . . . . . . . .4:00 p.m. on Monday, 16 May
Latest Time for Acceptance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4:00 p.m. on Thursday, 19 May
Latest Time for Termination . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4:00 p.m. on Friday, 20 May
Announcement of results of the Rights Issue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Thursday, 26 May
Despatch of certificates for the fully-paid Rights Shares . . . . . . . . . . . . . . . . . . . . . . Friday, 27 May
(in the form of new share certificates) on or before
If the Rights Issue is terminated, refund cheques to be . . . . . . . . . . . . . . . . . . . . . . . . Friday, 27 May
despatched on or before

— 2 —

Commencement of dealing in fully-paid Rights Shares . . . . . . . . . . . . . 9:00 a.m. on Monday, 30 May

Last day of free exchange of existing certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . Thursday, 2 June for new certificates of New Shares

All times and dates specified in this announcement refer to Hong Kong local times and dates. Dates stated in this announcement for event mentioned in the timetable are indicative only and may be extended or varied. Any changes to the expected timetable for the Rights Issue will be announced as and when appropriate in accordance with the GEM Listing Rules.

SUPPLEMENTAL UNDERWRITING AGREEMENT

As a result of the change in the proposed timetable of the Rights Issue, on 16 March 2016, the Company entered into a supplemental underwriting agreement with the Underwriter to amend the date of despatch of the Circular and certain subsequent dates in accordance with the relevant dates (including the extension of the Latest time for Termination from 4:00 p.m. on Wednesday, 11 May 2016 to 4:00 p.m. on Friday, 20 May 2016) as set out in the revised timetable above. Save for the amendments as mentioned above, all other terms and conditions of the Underwriting Agreement shall remain unchanged.

By Order of the Board of Directors of

IR Resources Limited Fung Wing Sang Company Secretary

Hong Kong, 16 March 2016

As at the date of this announcement, the board of directors of the Company comprises three executive directors, namely, Ms. Yu Xiao Min, Ms. Xu Miaoxia and Mr. Zeng Lingchen; and three independent non-executive directors, namely Ms. Pang King Sze, Rufina, Mr. Hong Bingxian and Mr. Kenneth Hung.

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will remain on the “Latest Company Announcements” page of the GEM website at http://www.hkgem.com for seven days after the date of the publication and will be published on the website of the Company at http://www.irresources.com.hk

— 3 —