Rare Earth Magnesium Technology prices placement of up to 96,000,000 shares at HK$ 0.05 each

• Rare Earth Magnesium Technology Group agreed to place up to 96,000,000 new shares at HK$ 0.05 each via Tiger Faith Securities.
• Deal size HK$ 4.8 million gross. Net proceeds estimated at about HK$ 4.5 million.
• Placement equals about 16.2% of existing share capital. Dilution to about 13.94% of enlarged share capital.
• Issue price implies a 19.35% discount to the HK$ 0.06 close on Aug. 21, 2026.
• Proceeds earmarked for audit and professional fees, staff costs, trade and other payables.

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. Rare Earth Magnesium Technology Group Holdings Ltd. 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-20260821-12295242), on August 21, 2026, and is solely responsible for the information contained therein.