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Hennessy Capital’s Strategic Move with Namib Minerals
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Hennessy Capital’s Strategic Move with Namib Minerals

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Hennessy Capital Investment Corp VI Class A ( (HCVI) ) has issued an announcement.

Namib Minerals, in partnership with Greenstone Corporation, is advancing its business combination with Hennessy Capital Investment Corp. VI, paving the way for a Nasdaq listing. This strategic move values Namib Minerals at $500 million and aims to accelerate growth by restarting gold mines in Zimbabwe and expanding into the battery metals market in the Democratic Republic of Congo. The transaction is anticipated to complete in early 2025, marking a significant step in Namib’s mission to create sustainable mining operations while tapping into rising global demand for critical metals.

For a thorough assessment of HCVI stock, go to TipRanks’ Stock Analysis page.

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