Almana Limited — Capital/Financing Update 2020

Dec 31, 2020

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.

==> picture [158 x 110] intentionally omitted <==

(Incorporated in Bermuda with limited liability)

(Stock Code: 8186)

TERMINATION OF THE SUBSCRIPTION AGREEMENT

Reference is made to the announcement of IR Resources Limited (the “ Company ”) dated 31 August 2020. Capitalised terms used in this announcement shall have the same meaning as those defined in the said announcement.

The Company announces that on 31 December 2020, the Company and the Subscriber have terminated the Subscription Agreement to release and discharge each other from their respective obligations under the Subscription Agreement.

For and on behalf of the Board IR Resources Limited Chan Chi Kwong Dickson Company Secretary

Hong Kong, 31 December 2020

As at the date of this announcement, the Board comprises Ms. He Xuemei (Chairperson) as executive Director, Ms. He Lamei as non-executive Director and Ms. Pang King Sze, Rufina, Mr. Hong Bingxian and Mr. Huang Zhe as independent non-executive Directors.

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.