Nativo Resources Raises Capital for Peru Operations

Echo Energy (GB:NTVO) has released an update.

Nativo Resources Plc has successfully completed its Broker Option, issuing 2.96 billion new Ordinary Shares to raise an additional £74,000, part of a larger fundraising effort totaling £486,000. The new shares are expected to be admitted to the AIM market of the London Stock Exchange by mid-October. This capital raise follows Nativo’s strategic joint venture in Peru, targeting the mining and processing of precious metals to generate early cash flow and expand operations.

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