Wai Chun Mining Industry Group Company Limited informed the shareholders that the interim results of the Group for the six months ended 30 June 2016 will be affected by the share option expenses to be recognized for the granting of share options to certain consultants and an employee of the Group during the year. It is expected that a substantial increase in the net loss of the Group and the loss attributable to the equity holders of the company for the six months ended 30 June 2016 will be reported as compared to the interim results reported for the six months ended 30 June 2015. Based on information currently available, the Board further inform that the substantial increases in the net loss and the loss attributable to the equity holders of the company for the six months ended 30 June 2016 was primarily due to the share option expenses amounting to approximately HKD 23,228,000 which would be recognized for the granting of share options to certain consultants and an employee of the Group during the period. The Board also considers that the share option expenses incurred as above mentioned is a non-cash item. As such, no significant adverse change is expected to impact on the operating cash flows of the Group.