News about private placement

UP Securities (UPSC, ticker UPS) approved the dismissal of CEO Trần Văn Chiến following his resignation, effective 26/11/2026. Ms. Phạm Thị Thùy will succeed him as CEO from that date and will also become the company's legal representative once the State Securities Commission approves it. Mr. Chiến, who took the role on 20/1/2025, held 1.1 million UPS shares as of the end of Q1 2026. Separately, the company is offering more than 67.6 million private placement shares at 10,000 dong each, potentially raising up to 676.2 billion dong, and has extended the payment deadline to 11h on 19/11/2026.

Argentina Metals announced a non-brokered private placement of up to 9,375,000 common shares at CAD$0.32 per share, for gross proceeds of up to CAD$3 million. Proceeds will fund exploration across its Mendoza Province, Argentina, project portfolio, working capital and general corporate purposes. CEO Roger Clegg said the financing will support fieldwork and geophysics to advance the Las Estrellas project toward an initial drilling program in 2027, subject to funding and permitting, and has identified seven additional priority target areas. The first closing is expected on or about October 30, 2026, and insiders may participate, which would be a related party transaction.

PNJ will ask shareholders at its extraordinary general meeting on 21/10 to approve a revised 2026 plan targeting revenue of 39,057 billion dong, up 10% from 2025, after setting aside 7,071 billion dong in provisions for possible losses from its trade-in policy. With that provision, after-tax loss is expected at 6,271 billion dong; without it, after-tax profit would be about 800 billion dong. The board also proposes adjusting the 2025 cash dividend to 10%, reversing up to 4,600 billion dong from the Development Investment Fund into undistributed earnings, and privately placing up to 550 million shares with professional investors. Planned proceeds would be split 60% for business strategy, 20% for working capital and 20% for financial obligations, while PNJ plans to close 25–30 underperforming stores. Board member Đào Trung Kiên has also submitted a resignation to focus on a senior strategy and operations role.