集海资源2025中期报告

（於開曼群島註冊成立的有限公司） 24132426283032 Malaihollo Jeffrey Francis A Persistence Resources Group Ltd Malaihollo Jeffrey Francis A Mackie James Thomas Malaihollo Jeffrey Francis A Malaihollo Jeffrey Francis A 123 97927 131 12813B 200 1922333304–3309 383 P.O. Box 309Ugland HouseGrand CaymanKY1-1104Cayman Islands 5 19920 1617 http://www.persistenceresource.com/ 2489 I.20256 30 446.0414,340.4920241.7%2025220252 303,493,0002024236,173,000202428.5%34.2%4.3% 85,501,000202478,867,00020248.4% 3.1420242.8620249.6% 20258290.0360,000,000202510220259162025829 II. 20252024 202543,500620253,07020258272024720 III. 2025446.0414,340.4920247.67246.531.7%2025220252202428.5%303,493,0002024236,173,00085,501,000202478,867,0008.4%3.1420242.86 20256302028223,550,00024 IV. 303,493,0002024236,173,000202428.5%34.2%4.3% 147,982,0002024110,693,000202433.7% 155,511,0002024125,480,00023.9% 51.2%202453.1%20241.9%34.2%33.7% 8,305,000202410,725,000202422.6% 31,514,000202419,445,000202462.1% 633,0002024586,00020248.0% 3,027,00020241,397,00020241,630,000 43,141,000202435,910,000202420.1%25%202425%33.5%202431.3%20254 62,762,000202457,284,0009.6% 2025630655,053,00020241231639,599,000 20241231639,599,0002025630655,053,0002025630400,603,00020241231548,015,000 20256 3053,422,00020241231171,204,000639,00020241231605,000106,372,0002024123165,983,000 2025630174,750,000202412312025630100% 202563014.9%202412312025630202412 31202563020241231 T+D 2025630202412 31 20256 3035,047,000202412 3121,212,000113,479,00020241231 20256305,040,000202412 31 20256 30 V. 2025 202562023121420252 202412202312 14SRKSRK2025 20257283,671,000 VI. 2024823 20231222218.3 202312222025630201.217.1 20256 30 202572025252% 2025630XVXV78352C3 1.Majestic Gold Corp.(i) 1986103019929 2Byron Resources Inc.(ii) 199293199612 2Select Ventures Inc.19861030MJS.VMajestic Gold Corp. 2.Majestic Gold Corp.2025630 2025630XVXV78352 2025630XV233365% 1.202228 20256303365% 2025828 1.30% 2. (a)(b)(c)(d)(e)(f)(g)(h) 622 13.51B(1) (1)202524 (2)2025115 13.51B(1) 2025630 20256 30485 20231222C1 C.2.1 2019 2025711 2023113020331130(i)(ii) (i) (ii) (iii) 20241 1202412 31200,000,00010%2024200,000,00010% 2025112025630200,000,00010%17.07 200,000,00010%17.072025 17.03F17.06B(7)(8) 202571121,000,0001.05% C3C3 (i)(ii) Malaihollo Jeffrey Francis A 13.2013.2113.22 20258 29 2025630 2025630 2025630 2025630 2025630 2025630 2025630 1. PO Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman Islands Majestic Gold Corp.Majestic Gold Corp. 2025630 2. 20256 303420241231 3. 20241231 21 21 2025630 4. 5. 2025630 5. 6. 2025630 7. * 8. 2025630 8. 25% 2025630 9. 20258293.0020246302.9560,000,000202463059,000,000 10. 2,000,000,00020246302,000,000,000 2025630 11. 202563032,712,000202463029,563,00015 202563020246302024630 6,140,00020246302,010,00020256304,291,00015 12. 2025630 13. 14. 2025630 15. 20252 2852%81,900,00029,400,00052,500,000 87,962(42,222)36,160 81,900 2025630 15. PPA 36,160,000 PPA 2025630 15. 202563025,275,0005,161,000 314,775,00081,028,000 16. (a)20242025630 (b) 2025630127,800,0002024630 20241Majestic Yantai Gold Ltd.29,999,871.999,999,957.33188,705,500228,705,329.3220242Majestic Yantai Gold Ltd. (c) 20256 3020241231 (d) 2025630 17. 18. 2025630 19. 2025829