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JLMAG (06680.HK) Terminates Subscription for 9.8% Stake in Australian Rare Earth Firm Hastings
2026-08-09 20:46:25
JLMAG (06680.HK) announced that, as the conditions precedent have not yet been fulfilled, the company has decided after prudent consideration to terminate the subscription for Australian-listed rare earth company Hastings Technology Metals.

In July 2024, the company announced a proposed subscription for approximately 9.8% of the share capital of Hastings Technology Metals at AUD0.36 per share, with a total consideration of AUD7.07 million (approximately HKD34.6 million).(de/d)~

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