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Kazera Global Settles Lender Fees with New Shares and Warrants

Story Highlights
  • Kazera Global will settle lender fees by issuing 4.6 million new shares and 56.7 million warrants.
  • Related party fee settlement is approved as fair, raising Kazera’s share count to about 1.1 billion on admission.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kazera Global Settles Lender Fees with New Shares and Warrants

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The latest announcement is out from Kazera Global plc ( (GB:KZG) ).

Kazera Global plc has agreed to settle fees owed under its unsecured loan facilities with Richard Jennings and Tracarta Limited by issuing 4,612,781 new ordinary shares at a price based on the five-day VWAP at the time of the loan extension, alongside 56,728,000 warrants exercisable at 2.5p per share until December 2026. The transaction, which involves related parties including Tracarta (ultimately owned by Non-Executive Chairman John Wardle) and significant shareholder Catalyse Capital and related Jennings parties, has been deemed fair and reasonable by the independent directors after consultation with the company’s nominated adviser; admission of the new shares to AIM, expected around 31 December 2025, will increase Kazera’s issued share capital to 1,103,058,735 ordinary shares, affecting voting rights calculations for shareholders.

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 (LON:KZG) is a 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 the company continues to assess 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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