Kavango Resources Secures Secondary Listing on VFEX with New Share Issuance

Kavango Resources ( (GB:KAV) ) has issued an announcement.

Kavango Resources PLC has announced its secondary listing on the Victoria Falls Stock Exchange (VFEX) in Zimbabwe, effective from September 8, 2025. This move includes a capital raising initiative through the issuance of new ordinary shares to various investors, including pension funds and local residents, as well as share awards to eligible employees in recognition of their service. The listing is part of Kavango’s strategic efforts to expand its market presence and enhance its financial capabilities, with further plans for a UK subscription and placing to follow.

More about Kavango Resources

Kavango Resources PLC is a company operating in the mining industry, focusing on exploration and development of mineral resources. The company is engaged in identifying and developing mineral deposits, with a particular emphasis on projects in Zimbabwe.

Average Trading Volume: 1,975,222

Technical Sentiment Signal: Buy

Current Market Cap: £32.77M

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