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Kazera Corrects Warrant Allocation and Issues New Shares to Related-Party Lenders

Story Highlights
  • Kazera Global corrected its warrant allocation, confirming more warrants for Tracarta and fewer for Catalyse Capital and related parties.
  • The company is settling lender fees with new shares and warrants, increasing its share capital ahead of AIM admission later this month.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kazera Corrects Warrant Allocation and Issues New Shares to Related-Party Lenders

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Kazera Global plc ( (GB:KZG) ) has issued an update.

Kazera Global plc has corrected an earlier announcement regarding the allocation of warrants tied to unsecured loan facilities with related-party lenders, clarifying that Tracarta Limited, ultimately owned by Non-Executive Chairman John Wardle, will receive 39,648,000 warrants and Catalyse Capital Ltd and related parties RS & CA Jennings will receive 17,080,000 warrants. Under the agreed terms, Kazera will also settle fees owed to these lenders through the issue of 4,612,781 new ordinary shares at a price based on the five-day VWAP, with admission of the shares to AIM expected on or around 31 December 2025, taking the company’s issued share capital to 1,103,058,735 shares; the independent directors, advised by Strand Hanson, consider the reprofiling fee settlement fair and reasonable for shareholders, underscoring ongoing reliance on equity-linked funding while the company builds production at its South African mineral assets.

Spark’s Take on GB:KZG Stock

According to Spark, TipRanks’ AI Analyst, GB:KZG is a Neutral.

Kazera Global’s overall stock score is pressured by significant financial and valuation challenges, with persistent losses and negative cash flows being major concerns. However, recent corporate events show operational progress and potential growth opportunities, slightly offsetting financial weaknesses. Technical indicators remain neutral, reflecting a stable but uninspiring market stance.

To see Spark’s full report on GB:KZG stock, click here.

More about Kazera Global plc

Kazera Global plc is a London-listed diversified commodity investment company focused on unlocking value through production growth and disciplined portfolio management. Its core assets include Whale Head Minerals, a heavy mineral sands operation, and Deep Blue Minerals, a diamond asset, both located in South Africa’s Northern Cape province, while it continues to evaluate additional opportunities to expand its growth pipeline and deliver sustainable returns.

Average Trading Volume: 2,312,236

Technical Sentiment Signal: Sell

Current Market Cap: £14.28M

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

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