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Echo Energy ( (GB:NTVO) ) has provided an update.
Nativo Resources plc announced the conversion of £95,000 worth of convertible loan notes into 63,035,767 new ordinary shares, which will be admitted to trading on AIM on 6 August 2025. This move increases the company’s total voting rights to 247,435,533 ordinary shares, potentially impacting shareholder interests and the company’s market positioning.
More about Echo Energy
Nativo Resources plc is a gold-focused mining company with interests in Peru. The company engages in primary gold mining, gold ore processing, and the recovery of gold from tailings. Nativo has acquired or optioned several projects for development and is working on expanding its operations, particularly focusing on the Tesoro Gold Concession, which includes the Bonanza and Morrocota mines. The company also plans to allocate portions of its free cash flow and future fundraises to Bitcoin purchases, holding it as a long-term treasury reserve asset.
Average Trading Volume: 13,318,425
Technical Sentiment Signal: Strong Sell
Current Market Cap: £370.1K
For a thorough assessment of NTVO stock, go to TipRanks’ Stock Analysis page.