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Echo Energy ( (GB:NTVO) ) has issued an announcement.
Nativo Resources Plc has issued 6,509,118 shares to a former director to settle deferred salaries and fees, with the shares priced at a 20% premium over the market price. This move will increase the company’s total voting rights to 542,246,331, potentially impacting shareholder calculations and company operations.
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 is actively developing several projects, with a focus on scaling operations at the Tesoro Gold Concession, particularly the Bonanza and Morrocota mines. Additionally, the company plans to invest in Bitcoin as a long-term treasury reserve asset.
Average Trading Volume: 27,531,064
Technical Sentiment Signal: Strong Sell
Current Market Cap: £1.88M
For a thorough assessment of NTVO stock, go to TipRanks’ Stock Analysis page.