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Hummingbird Resources ( (GB:HUM) ) has issued an announcement.
Hummingbird Resources PLC announced that Nioko Resources Corporation has acquired 75% or more of its issued ordinary share capital, prompting a move to cancel Hummingbird’s trading admission on AIM by March 3, 2025. This transition will reduce liquidity and marketability of remaining shares, potentially affecting their value, and will lead to Hummingbird’s re-registration as a private company. Shareholders are advised to accept Nioko’s offer before the closing date, as failure to do so may result in becoming minority shareholders in a majority-controlled private entity without the certainty of dividends or future sale opportunities.
More about Hummingbird Resources
Hummingbird Resources plc is a leading multi-asset, multi-jurisdiction gold producing company, operating in the mining sector. It is a member of the World Gold Council and a founding member of Single Mine Origin. The company currently operates the Yanfolila Gold Mine in Mali and the Kouroussa Gold Mine in Guinea, and has a controlling interest in the Dugbe Gold Project in Liberia.
YTD Price Performance: 16.36%
Average Trading Volume: 5,640,698
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £42.86M
See more insights into HUM stock on TipRanks’ Stock Analysis page.
