Elitecon International Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

Minerva Ventures Fund has acquired 137,088,605 shares in ELITECONINTERNATIONALIMITED via a combination of warrants issuance and open market purchases. This significant transaction results in Minerva Ventures Fund holding an 8.5761% stake in the company's total share/voting capital. This makes Minerva Ventures Fund a substantial shareholder, indicating a noteworthy institutional investment. Such a move could signal confidence in ELITECONINTERNATIONALIMITED's business strategy and future potential, which is often viewed positively by retail investors.