HSC Resources issues supplemental annual report disclosure on HK$18.52 million placing proceeds

• HSC Resources Group issued a supplemental announcement to its annual report for fiscal year ended April 30, 2025, adding disclosure on use of net proceeds from a May 16, 2024 share placing.
• Placing raised net proceeds of about HKD 18.52 million from 28,800,000 shares sold at HKD 0.67 per share.
• Net proceeds were fully used by April 30, 2025, including HKD 11 million for business expansion, HKD 3 million to repay shareholder loans, remaining balance for working capital.
• Board stated there was no material change between intended use of proceeds and actual use.

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