Shuka Minerals Extends Convertible Note to Support Kabwe Mine Acquisition

Edenville Energy ( (GB:SKA) ) just unveiled an announcement.

Shuka Minerals Plc has announced an extension to the availability and redemption period of its £2,000,000 unsecured convertible note instrument with AUO Commercial Brokerage LLC. This extension provides financial stability as the company moves towards completing the acquisition of the Kabwe Mine, with the new deadlines set for March 2026 and March 2027, respectively. This development is crucial for Shuka’s growth strategy and highlights AUO’s continued financial support, which is essential for the company’s expansion goals.

More about Edenville Energy

Shuka Minerals Plc is an African-focused mine operator and developer, primarily involved in the mining industry. The company is engaged in the acquisition and development of mining assets, with a market focus on African mineral resources.

YTD Price Performance: -52.38%

Average Trading Volume: 50,478

Technical Sentiment Signal: Strong Buy

Current Market Cap: £1.79M

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