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URA Holdings PLC ( (GB:GEMR) ) has issued an announcement.
Gem Resources Plc announced that all resolutions proposed at their recent General Meeting were passed with the required majority. This includes ordinary resolutions for the authority to allot shares and special resolutions for the disapplication of pre-emption rights. The successful passing of these resolutions is expected to enhance the company’s operational flexibility and support its strategic goals in the emerald mining industry.
More about URA Holdings PLC
GEM Resources Plc is an emerging emerald producer focusing on the Gravelotte Emerald Mine, historically one of the world’s largest emerald mines located in South Africa. The company is committed to sustainable and efficient mining practices and has expanded its operations by acquiring the Curlew Emerald Mine in Australia.
Average Trading Volume: 2,597,366
Technical Sentiment Signal: Sell
Current Market Cap: £2.31M
Find detailed analytics on GEMR stock on TipRanks’ Stock Analysis page.