Almana Limited — Capital/Financing Update 2019

Apr 26, 2019

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.

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IR RESOURCES LIMITED 同仁資源有限公司

(Incorporated in Bermuda with limited liability)

(Stock Code: 8186)

COMPLETION OF ISSUE OF NEW SHARES UNDER GENERAL MANDATE

The Company is pleased to announce that all conditions precedent to the Subscription have been fulfilled and completion of the Subscription took place on 26 April 2019.

References are made to the announcements of the Company dated 12, 18 and 23 April 2019 relating to the Subscription and the Share Consolidation. Unless the context requires otherwise, capitalised terms used herein shall have the same meanings as defined in the aforesaid announcements.

COMPLETION OF THE SUBSCRIPTION

The Company is pleased to announce that all conditions precedent to the Subscription have been fulfilled and completion of the Subscription took place on 26 April 2019. The 166,200,000 Subscription Shares, which represent 16.66% of the total number of issued Shares of the Company as enlarged by the allotment and issue of the Subscription Shares immediately after completion of the Subscription, have been subscribed by the Subscriber at the Subscription Price of HK$0.05 per Subscription Share.

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EFFECT ON SHAREHOLDING STRUCTURE OF THE COMPANY

Set out below is the shareholding structure of the Company immediately before and after completion of the Subscription:

Million Pacific Holdings CorporationThe SubscriberPublic ShareholdersTotal	Immediatelybefore the completion ofthe SubscriptionNo. ofExistingShares%163,101,61219.62%––668,159,60080.38%831,261,212100.00%	Immediatelyafter the completion ofthe Subscription(Before the ShareConsolidation)No. ofExistingShares%(Note)163,101,61216.35%166,200,00016.66%668,159,60066.99%997,461,212100.00%	Immediatelyafter the completion ofthe Subscription(After the ShareConsolidation)No. ofConsolidatedShares%(Note)20,387,70116.35%20,775,00016.66%83,519,95066.99%124,682,651100.00%	Immediatelyafter the completion ofthe Subscription(After the ShareConsolidation)No. ofConsolidatedShares%(Note)20,387,70116.35%20,775,00016.66%83,519,95066.99%124,682,651100.00%
				100.00%

Note: On 18 April 2019, the Company announced the consolidation of every 8 issued and unissued Existing Shares into 1 Consolidated Share. As at the date of this announcement, the Share Consolidation has not become effective and the relevant figures in the table are for purpose of illustrating the shareholding structure of the Company before and after the Share Consolidation.

By Order of the board of Directors of IR Resources Limited Chan Ching Hang Chairman

Hong Kong, 26 April 2019

As at the date of this announcement, the board of Directors comprises two executive Directors, namely, Mr. Chan Ching Hang and Mr. Zeng Lingchen; and three independent non-executive Directors, namely, Mr. Cheung Yin Keung, Mr. Hong Bingxian and Ms. Pang King Sze, Rufina.

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 from the date of its publication and on the website of the Company at http://www.irresources.com.hk.

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