G-Resources Group Limited — Capital/Financing Update 2019

Jun 3, 2019

For Main Board and GEM listed issuers

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Monthly Return of Equity Issuer on Movements in Securities

For the month ended (dd/mm/yyyy) : 31 May 2019

To : Hong Kong Exchanges and Clearing Limited

Name of Issuer Paladin Limited Date Submitted 3 June 2019

I. Movements in Authorised Share Capital

1. Ordinary Shares

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(1) Stock code : 495 Description : Ordinary Shares
Par value Authorised share
No. of ordinary (State capital
shares currency) (State currency)
Balance at close of preceding month 50,000,000,000 HK$0.01 500,000,000
- -
Increase/(decrease)
Balance at close of the month 50,000,000,000 HK$0.01 500,000,000
(2) Stock code : Description :
Par value Authorised share
No. of ordinary (State capital
shares currency) (State currency)
Balance at close of preceding month
Increase/(decrease)
Balance at close of the month
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For Main Board and GEM listed issuers

2. Preference Shares

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Stock code : Description : Convertible redeemable preference shares
Par value Authorised share
No. of preference (State capital
shares currency) (State currency)
Balance at close of preceding month 1,270,000,000 HK$0.01 HK$12,700,000
Increase/(decrease) - -
Balance at close of the month 1,270,000,000 HK$0.01 HK$12,700,000
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3. Other Classes of Shares

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Stock code : Description :
Par value Authorised share
No. of other (State capital
classes of shares currency) (State currency)
Balance at close of preceding month
Increase/(decrease)
Balance at close of the month
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Total authorised share capital at the end of the month (State HK$512,700,000 currency) :

For Main Board and GEM listed issuers

II. Movements in Issued Share Capital

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No. of ordinary shares No of preference No. of other classes
(1) (2) shares of shares
Balance at close of 1,438,727,549
preceding month
Increase/ (decrease) -
during the month
Balance at close of the 1,438,727,549
month
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III. Details of Movements in Issued Share Capital

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Share Options (under Share Option Schemes of the Issuer)
Particulars of share No. of new shares of No. of new shares of
option scheme issuer issued during issuer which may be
including EGM the month pursuant issued pursuant thereto
approval date thereto as at close of the month
Movement during the month
(dd/mm/yyyy) and
class of shares
issuable Granted Exercised Cancelled Lapsed
1. adopted on
8 Dec 15
Exercise price:
HK$0.321
Date of Grant
30 May 16 Ordinary shares - - - - - 136,764,000
(Note 1)
2. adopted on
8 Dec 15
Exercise price:
HK$0.296
Date of Grant
23 Jun 17
Ordinary shares 134,957,900
(Note 1)
3. adopted on
8 Dec 15
Exercise price:
HK$0.179
Date of Grant
9 Nov 18
Ordinary shares 126,000,000
(Note 1)
Total A. (Ordinary shares)
(Preference shares)
(Other class)
Total funds raised during the month from exercise of
options (State currency)
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For Main Board and GEM listed issuers

Warrants to Issue Shares of the Issuer which are to be Listed

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No. of new No. of new
shares of shares of
issuer issued issuer which
during the may be issued
month pursuant
pursuant thereto as at
Currency of Nominal value at Exercised Nominal value thereto close of the
Description of warrants nominal close of during the at close of the month
(Date of expiry - dd/mm/yyyy) value preceding month month month
1.
( / / )
Stock code (if listed)
Class of shares
issuable (Note 1)
Subscription price
EGM approval date
(if applicable)
(dd/mm/yyyy) ( / / )
2.
( / / )
Stock code (if listed)
Class of shares
issuable (Note 1)
Subscription price
EGM approval date
(if applicable)
(dd/mm/yyyy) ( / / )
3.
( / / )
Stock code (if listed)
Class of shares
issuable (Note 1)
Subscription price
EGM approval date
(if applicable)
(dd/mm/yyyy) ( / / )
4.
( / / )
Stock code (if listed)
Class of shares
issuable (Note 1)
Subscription price
EGM approval date
(if applicable)
(dd/mm/yyyy) ( / / )
Total B. (Ordinary shares)
(Preference shares)
(Other class)
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For Main Board and GEM listed issuers

Convertibles (i.e. Convertible into Shares of the Issuer which are to be Listed)

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No. of new No. of new
shares of shares of
issuer issued issuer which
during the may be issued
month pursuant
pursuant thereto as at
Currency of Amount at close Converted Amount at thereto close of the
amount of preceding during the close of the month
Class and description outstanding month month month
1. Convertible notes issued HK$ 12,505,001.5 - 12,505,001.5 - 52,104,172
in 2014
Stock code (if listed) N/A
Class of shares
issuable (Note 1) Ordinary
Subscription price Nil
EGM approval date
(if applicable)
(dd/mm/yyyy)) ( / / )
2. Convertible notes issued HK$ 47,889,374.5 - 47,889,374.5 - 191,557,498
in 2017
Stock code (if listed) N/A
Class of shares
issuable (Note 1) Ordinary
Subscription price Nil
EGM approval date
(if applicable)
(dd/mm/yyyy) ( / / )
3.
Stock code (if listed)
Class of shares
issuable (Note 1)
Subscription price
EGM approval date
(if applicable)
(dd/mm/yyyy) ( / / )
4.
Stock code (if listed)
Class of shares
issuable (Note 1)
Subscription price
EGM approval date
(if applicable)
(dd/mm/yyyy) ( / / )
Total C. (Ordinary shares)
(Preference shares)
(Other class)
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For Main Board and GEM listed issuers Any other Agreements or Arrangements to Issue Shares of the Issuer which are to be Listed, including Options (other than under Share Option Schemes)

than under Share Option Schemes)	than under Share Option Schemes)
Full particulars including EGM approval date (dd/mm/yyyy), if applicable, and class of shares issuable:		No. of new shares of issuer issued during the month pursuant thereto No. of new shares of issuer which may be issued pursuant thereto as at close of the month
1. 2. 3.
	( / / )
	shares_(Note 1)_
	( / / )
	shares_(Note 1)_
	( / / )
	shares_(Note 1)_
	Total D. (Ordinary shares)
	(Preference shares)
	(Other class)

For Main Board and GEM listed issuers

Other Movements in Issued Share Capital

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No. of new No. of new
shares of shares of
issuer issued issuer which
during the may be
month issued
pursuant pursuant
thereto thereto as at
close of the
Type of Issue month
Class of shares issuable _
(Note 1)
1. Rights issue At price : [State ] Issue and allotment ( / / )
currency date : (dd/mm/yyyy)
( / / )
EGM approval date:
(dd/mm/yyyy)
Class of shares issuable _
(Note 1)
Issue and allotment
2. Open offer At price : HK$
( / / )
date : (dd/mm/yyyy)
EGM approval date:
( / / )
(dd/mm/yyyy)
Class of shares issuable _
(Note 1)
3. Placing At price : [State ] Issue and allotment ( / / )
currency date : (dd/mm/yyyy)
( / / )
EGM approval date:
(dd/mm/yyyy)
Class of shares issuable _
(Note 1)
Issue and allotment ( / / )
4. Bonus issue
date : (dd/mm/yyyy)
( / / )
EGM approval date:
(dd/mm/yyyy)
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For Main Board and GEM listed issuers

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|||
|---|---|
|No. of new|No. of new|
|shares of|shares of|
|issuer issued|issuer which|
|during the|may be|
|month|issued|
|pursuant|pursuant|
|thereto|thereto as at|
|close of the|
|month|

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Type of Issue

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Class of shares issuable __
(Note 1)
5. Scrip dividend At price : [State ] Issue and allotment ( / / )
currency date : (dd/mm/yyyy)
( / / )
EGM approval date:
(dd/mm/yyyy)
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Class of shares _
repurchased (Note 1)
6. Repurchase of Cancellation date :
shares ( / / )
(dd/mm/yyyy)
EGM approval date:
( / / )
(dd/mm/yyyy)
Class of shares
redeemed (Note 1) _
7. Redemption of Redemption date :
shares ( / / )
(dd/mm/yyyy)
( / / )
EGM approval date:
(dd/mm/yyyy)
Class of shares issuable _____
(Note 1)
8. Consideration issue At price : [State ] Issue and allotment ( / / )
currency date : (dd/mm/yyyy)
( / / )
EGM approval date:
(dd/mm/yyyy)
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For Main Board and GEM listed issuers
No. of new No. of new
shares of shares of
issuer issued issuer which
during the may be
month issued
pursuant pursuant
thereto thereto as at
close of the
Type of Issue month
Class of shares issuable _
(Note 1)
9. Capital Issue and allotment ( / / )
reorganisation date : (dd/mm/yyyy)
( / / )
EGM approval date:
(dd/mm/yyyy)
Class of shares issuable _
(Note 1)
10. Other At price : [State ] Issue and allotment ( / / )
(Please specify) currency
date : (dd/mm/yyyy)
( / / )
EGM approval date:
(dd/mm/yyyy)
Total E. (Ordinary shares)
(Preference shares)
(Other class)
N/A
Total increase / (decrease) in ordinary shares during the month (i.e. Total of A to E): (1)
N/A
(2)
N/A
Total increase / (decrease) in preference shares during the month (i.e. Total of A to E):
N/A
Total increase / (decrease) in other classes of shares during the month (i.e. Total of A to E):
(These figures should be the same as the relevant figures under II above (“Movements in Issued Share Capital”).)
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For Main Board and GEM listed issuers

Remarks (if any):

Convertibles:

No. of shares to be converted under the convertible notes in 2014 = amount of the convertible notes / converted price = HK$12,505,001.50 / HK$0.24 = 52,104,172 ordinary shares

No. of shares to be converted under the convertible notes in 2017 = amount of the convertible notes / converted price = HK$47,889,374.50 / HK$0.25 = 191,557,498 ordinary shares

Submitted by: Chan Chi Ho

Title: Company Secretary (Director, Secretary or other duly authorised officer)

Notes :

1. State the class of shares (e.g. ordinary, preference or other).

2. If there is insufficient space, please append the prescribed continuation sheet.