SI Resources Co., Ltd. announced a private placement of 1,736,111 common shares at KRW 576 per share for gross proceeds of KRW 999,999,936 on April 5, 2021. The company will issue common shares on third party allotment basis to Kim, Hyo-soo. The transaction is expected to close by April 13, 2021. The transaction has been approved by the board of directors of the company.