Kazera Global plc (GB:KZG) has released an update.
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Kazera Global plc successfully passed resolutions at its General Meeting, enabling the acquisition of a 10% stake from Tectonic Gold PLC in both Deep Blue Minerals and Whale Head Minerals, boosting Kazera’s interests to 70% and 74% respectively. This move also allows Kazera to honor loan agreements with key stakeholders. The company’s focus on mineral exploration and development is underscored by investments in diamond and heavy mineral sands mining, as well as the recent divestment of its tantalite mining arm.
For further insights into GB:KZG stock, check out TipRanks’ Stock Analysis page.