Almana Limited — Share Issue/Capital Change 2017

Nov 10, 2017

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.

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IR RESOURCES LIMITED 同仁資源有限公司

(Incorporated in the Bermuda with limited liability)

(Stock Code: 8186)

GRANT OF SHARE OPTIONS

This announcement is made pursuant to Rule 23.06A of the Rules (the “ GEM Listing Rules ”) Governing the Listing of Securities on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited (the “ Stock Exchange ”).

IR Resources Limited (the “ Company ”) announces that on 10 November 2017, share options (the “ Share Options ”) to subscribe for a total of 77,307,291 new shares (the “ Shares ”) of the Company were granted, subject to acceptance of the grantees, under the Company’s share option scheme adopted on 10 June 2011.

Details of the Share Options granted are set out as follows:

Date of grant : 10 November 2017

• Exercise price of Share : HK$0.099 per Share, representing the higher of (i) the Options granted closing price of HK$0.098 per Share as quoted on the Stock Exchange on 10 November 2017; and (ii) the average closing price of HK$0.099 per Share as quoted on the Stock Exchange for the five trading days immediately preceding 10 November 2017.

Number of new Shares subject : 77,307,291 Shares to the Share Options granted

Validity period of the Share : 10 November 2017 to 9 November 2019 (both dates Options inclusive)

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Among the 77,307,291 Share Options granted, Share Options to subscribe for a total of 10,806,395 new Shares were granted to the directors of the Company and are summarised as follows:

	Number of
	Share Options
	granted
Executive Director
Mr. Chan Ching Hang	8,312,612
Independent Non-executive Directors
Mr. Hong Bingxian	831,261
Mr. Hung Kenneth	831,261
Ms. Pang King Sze, Rufina	831,261

Save as disclosed above, none of the grantees of the Share Options is a director, chief executive or substantial shareholder of the Company, or an associate (as defined in the GEM Listing Rules) of any of them.

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

Hong Kong, 10 November 2017

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. Hong Bingxian, Mr. Hung Kenneth 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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