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Edenville Energy ( (GB:SKA) ) just unveiled an announcement.
Shuka Minerals Plc announced the expiration of 15,846,691 warrants, originally issued in May 2021 and August 2023, with an exercise price of 25 pence each. The company, which recently achieved a successful listing on the Alternative Exchange in South Africa and AIM in the UK, has several other warrants outstanding with varying expiration dates. Additionally, Shuka has signed a conditional Share Purchase Agreement to acquire Leopard Exploration and Mining Limited, which holds a large-scale mining license for the historical Kabwe Zinc Mine in Zambia, a site of significant economic importance.
More about Edenville Energy
Shuka Minerals plc is a dynamic and innovative mining and development company focused on exploring and harnessing Africa’s mineral resources. The company is involved in the acquisition and development of valuable minerals, aiming to contribute to the sustainable growth and development of local communities. Shuka operates a coal mine in Tanzania and is considering projects in Zambia, South Africa, and other African countries rich in copper, lead, and zinc.
Average Trading Volume: 164,503
Technical Sentiment Signal: Sell
Current Market Cap: £2.67M
For detailed information about SKA stock, go to TipRanks’ Stock Analysis page.