Edenville Energy (GB:SKA) has released an update.
Shuka Minerals PLC reports a settlement with Upendo Group and operational challenges at Rukwa coal mine due to the rainy season, alongside board changes and a potential acquisition of a valuable East African metals project. Financially, the company is navigating limited cash flow and seeking alternative financing options, as the secured £2 million convertible loan note agreement with AUO Commercial Brokerage LLC faces delays.
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