• Honbridge issued a supplemental clarification on its US$91.8 million purchase of 73% of Bona Global, valuing Smarty Minerals at about US$180 million.
• Internal assessment used 1,084,800 tonnes of measured and indicated copper resources, excluding inferred resources, implying mine rights value of US$143 million–US$239 million.
• Implied valuation of about US$119 per tonne of copper fell within a US$102–US$298 range from three comparable overseas copper deals.
• Clarified Bona Global made an unaudited net profit of about ZAR 41 million in 2025, mainly from a ZAR 51.7 million debt waiver.
• Target mine remains pre-production; pre-production work expected from December 2026, targeting commercial production in August 2028; initial capex estimated at HK$319 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Honbridge Holdings Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260911-12330353), on September 11, 2026, and is solely responsible for the information contained therein.