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Edenville Energy ( (GB:SKA) ) just unveiled an update.
Shuka Minerals Plc has announced the issuance of new Ordinary Shares and warrants as part of the Kabwe Mine Acquisition and related party transactions. The issuance involves the grant of 2,000,000 Director Warrants to CEO Richard Lloyd and compensatory shares and warrants to Noel Lyons, Paul Ryan, and Dr Zimbler for contractual and service-related payments. This move is expected to expand the company’s share capital and facilitate continued trading on the AIM market.
More about Edenville Energy
Shuka Minerals Plc is a mining company focused on operations and development projects in Africa. Its main activities involve the acquisition and management of mining assets.
YTD Price Performance: -30.0%
Average Trading Volume: 122,289
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £4.22M
For a thorough assessment of SKA stock, go to TipRanks’ Stock Analysis page.
