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Kavango Resources ( (GB:KAV) ) has shared an announcement.
Kavango Resources PLC has announced the approval and publication of its prospectus for a secondary listing on the Victoria Falls Stock Exchange (VFEX), enabling the trading of its ordinary shares in Zimbabwe. The company has secured commitments totaling US$8.5 million under its VFEX Authority, with plans to use the proceeds for development projects in Zimbabwe and general working capital, while also pursuing a potential UK subscription to further support its operations.
More about Kavango Resources
Kavango Resources PLC is a company operating in the mining industry, focusing on exploration and development projects. The company is involved in the extraction of minerals and has a market focus on regions such as Zimbabwe and Botswana.
Average Trading Volume: 2,527,893
Technical Sentiment Signal: Buy
Current Market Cap: £35.82M
For a thorough assessment of KAV stock, go to TipRanks’ Stock Analysis page.