Edenville Energy (GB:SKA) has released an update.
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Shuka Minerals Plc has secured a £500,000 interest-free loan from its major shareholder, Gathoni Muchai Investments Limited, to help manage creditor balances and maintain working capital. The company is also in advanced talks regarding new board appointments, while existing board members continue in their roles. This strategic move is seen as fair and reasonable by independent directors, aiming to stabilize Shuka’s financial standing.
For further insights into GB:SKA stock, check out TipRanks’ Stock Analysis page.
