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Echo Energy ( (GB:NTVO) ) has issued an announcement.
Nativo Resources Plc has announced the conversion of a portion of its convertible loan notes held by Spartan Fund Limited, resulting in the issuance of 22,831,050 new ordinary shares. This conversion is part of a debt restructuring initiative and will increase the company’s total voting rights to 565,077,381 shares. The new shares are expected to commence trading on AIM on or around November 25, 2025. This move is likely to impact Nativo’s financial structure and shareholder dynamics, potentially affecting its market positioning and stakeholder interests.
More about Echo Energy
Nativo Resources Plc is a gold-focused mining company with interests in Peru. The company’s strategy revolves around primary gold mining, gold ore processing, and the recovery of gold from tailings. Nativo is actively working on scaling operations on the Tesoro Gold Concession, particularly focusing on the Bonanza and Morrocota mines. Additionally, the company plans to allocate portions of free cash flow and future fundraises to Bitcoin purchases, holding it as a long-term treasury reserve asset.
Average Trading Volume: 25,438,452
Technical Sentiment Signal: Strong Sell
Current Market Cap: £1.77M
Learn more about NTVO stock on TipRanks’ Stock Analysis page.