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Echo Energy ( (GB:NTVO) ) has shared an update.
Nativo Resources Plc announced a £115,384 subscription for 38,461,333 new Ordinary shares by a new institutional investor to strengthen its working capital. The shares will be admitted to trading on AIM, with the total number of Ordinary shares in issue reaching 361,930,728, impacting shareholder voting rights and interest notifications.
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. It aims to scale operations on the Tesoro Gold Concession and plans to use portions of its free cash flow and future fundraises for Bitcoin purchases as a long-term treasury reserve asset.
Average Trading Volume: 37,696,958
Technical Sentiment Signal: Strong Sell
Current Market Cap: £1.21M
For an in-depth examination of NTVO stock, go to TipRanks’ Overview page.