Dukemount Capital Emerges Debt-Free with RTO Potential

Dukemount Capital (GB:DKE) has released an update.

Dukemount Capital PLC has successfully undergone a significant capital reorganization, becoming virtually debt-free and positioning itself as an attractive Reverse Take-Over (RTO) vehicle. The company completed a £300,000 equity placement and converted considerable debt into equity, resulting in a notable turnaround from a loss in the previous comparable period to a current profit of £198,326. This financial restructuring has set the stage for Dukemount to explore strategic opportunities and potentially secure transactions that could enhance shareholder value.

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