Kendrick Resources PLC (GB:KEN) has released an update.
Kendrick Resources PLC, a mineral exploration firm focused on nickel, vanadium, and copper projects in Scandinavia, has announced the issuance of 6,365,385 new ordinary shares to settle £46,000 of consultancy fees. These shares are expected to be admitted to trading on the London Stock Exchange around 24 September 2024, bringing the company’s total issued share capital to 250,248,152 shares. This move is a part of Kendrick’s strategy to establish a leading energy metals business in Europe.
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