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Hennessy Capital’s Business Combination with Greenstone Approved

Story Highlights
  • Greenstone is a gold producer with operations in Zimbabwe and exploration in the DRC.
  • HCVI and Namib Minerals plan a business combination, with a stockholder meeting set for April 7, 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hennessy Capital’s Business Combination with Greenstone Approved

Hennessy Capital Investment Corp VI Class A ( (HCVI) ) has shared an announcement.

On March 17, 2025, Hennessy Capital Investment Corp. VI (HCVI) and Namib Minerals announced the effectiveness of their registration statement for a proposed business combination with Greenstone Corporation. The special meeting of stockholders to approve the business combination is scheduled for April 7, 2025. Upon completion, Namib Minerals will become a publicly traded company on Nasdaq under the ticker symbols ‘NAMM’ and ‘NAMMW’. This move positions Namib Minerals to become a leader in precious and critical metals production in Africa, enhancing its growth strategy and shareholder value.

More about Hennessy Capital Investment Corp VI Class A

Greenstone Corporation is a gold producer, developer, and explorer with operations focused in Zimbabwe and exploration assets in the Democratic Republic of Congo (DRC). It operates an underground mine in Zimbabwe and is a significant player in Zimbabwe’s mining industry, driving sustainable growth and innovation. Namib Minerals, an affiliate of Greenstone, is set to hold all of Greenstone’s assets upon the completion of the business combination.

YTD Price Performance: 1.75%

Average Trading Volume: 1,535

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $157.7M

See more data about HCVI stock on TipRanks’ Stock Analysis page.

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