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Merdeka Gold Resources Seeks Shareholder Approval for Share Issue of Up to 10% of Existing Capital
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Merdeka Gold Resources Seeks Shareholder Approval for Share Issue of Up to 10% of Existing Capital
  • Merdeka Gold Resources seeks shareholder approval November 26, 2026, to issue up to 1,473,136,606 shares without preemptive rights.
  • The issuance represents 10% of existing shares, with maximum ownership dilution of 9.09%; implementation requires independent shareholder approval within two years.
  • New shares would be priced at no less than 90% of the average closing price over 25 trading days before the listing application.
  • Proceeds would support working capital, business development and debt repayment, with approximately 25% allocated to working capital.
  • The board of directors and board of commissioners consider the proposal one of the best options for shareholders.


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. PT Merdeka Gold Resources Tbk 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-20261104-12400876), on November 04, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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