Kazera Global Expands Share Capital with New Allotment

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

Kazera Global plc has announced the allotment of 5,000,000 ordinary shares to satisfy the exercise of share options at £0.01 per share. These shares will be admitted to trading on AIM, increasing the company’s total issued ordinary share capital to 968,710,470 shares. This move is part of Kazera’s strategy to enhance its financial flexibility and potentially attract new investors, reflecting its ongoing efforts to leverage its investments in mineral exploration and development.

More about Kazera Global plc

Kazera Global plc is a global investment company that focuses on developing early-stage mineral exploration and development assets. The company has three principal investments: alluvial diamond mining through Deep Blue Minerals in South Africa, heavy mineral sands mining through Whale Head Minerals in South Africa, and tantalite mining in South-East Namibia, which is currently in the process of divestment.

YTD Price Performance: -14.29%

Average Trading Volume: 3,898,247

Technical Sentiment Signal: Sell

Current Market Cap: £13.25M

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