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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Kazera Global Plc | LSE:KZG | London | Ordinary Share | GB00B830HW33 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.65 | 0.60 | 0.70 | 0.65 | 0.65 | 0.65 | 0.00 | 07:38:41 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Miscellaneous Metal Ores,nec | 55k | 6.71M | 0.0072 | 0.90 | 6.09M |
TIDMKZG
RNS Number : 3694V
Kazera Global PLC
14 April 2021
14 April 2021
Kazera Global plc
Due Diligence Completed for Namibian Investment
Kazera Global plc, the AIM quoted investment company, is pleased to report that the Board have now been informed that the banking due diligence on the investment package totaling EUR9,130,000 announced in previous RNS's has now been successfully completed.
The Company is now awaiting final confirmation of the transfer of funds, at which point it will make a further announcement.
In anticipation of completion of the investment package, the Company has focused on making the site functionally ready for operational activity to resume. As part of this process, DJ Drilling, an independent contractor, have begun preparing road access in anticipation of the mine once again becoming fully operational.
Larry Johnson, Kazera Chief Executive Officer, commented:
"In anticipation of completion of the investment package, we have been working tirelessly at the mine to make sure that it is functionally ready to restart operations as soon as funds are received. The due diligence process has been a necessary, but lengthy and very detailed process, and we are delighted that it has now been successfully concluded.
"We now look forward to completion of the deal and the receipt of funds, with which we can unlock the value we have from our world-class tantalite mine, as well as accelerating developments in our diamond and HMS operations."
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No. 596/2014 ('MAR').
For further information on the Company, visit: www. kazeraglobal .com
Kazera Global plc (c/o Camarco) Tel: +44 (0)203 757 4980 Larry Johnson (CEO) finnCap (Nominated Adviser and Joint Broker) Tel: +44 (0)207 220 0500 Christopher Raggett / Charlie Beeson (corporate finance) Camarco (PR) Gordon Poole / James Crothers / Hugo Liddy Tel: +44 (0)20 3781 8331
**ENDS**
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END
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(END) Dow Jones Newswires
April 14, 2021 02:00 ET (06:00 GMT)
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