Zijin Mining Group: plans to issue 2 billion US dollars in convertible bonds and allocate 3.9 billion Hong Kong dollars of new H shares for sale.

Zijin Mining Group (601899.SH) announced on June 17, 2024, that it plans to issue convertible corporate bonds and sell new H shares under a general authorization. On June 17, 2024 (after the trading hours of H shares), Zijin Mining Group, its wholly-owned subsidiary Jinji Capital Limited ("Jinji Capital"), and underwriters signed a subscription agreement. Under the terms and conditions of the agreement, the underwriters agree, individually and not jointly, to subscribe and pay, or cause subscribers to subscribe and pay, for the principal amount of USD 2 billion of bonds issued by Jinji Capital. On June 18, 2024, the company signed a placement agreement with the placement agent. Under this agreement, the placement agent conditionally agrees (as the company's placement agent) to induce not less than six placees (professional, institutional, and other investors) to purchase shares. Otherwise, the placement agent will purchase a total of 252 million shares of placement shares at a price of HKD 15.50 per share.