Member Info for Bobat1234

Look at previous rns. Rto talk was for over 1.5p.

Many peeps paid over 0.8 before suspension

Https://www.lse.co.uk/rns/ECOB/operational-update-on-geographic-expansion-hbuj3y09v5z008u.html

Shuka Minerals PLC - Africa-focused mine operator and developer - Says funding to facilitate its acquisition of Leopard Exploration & Mining Ltd in Zambia has run into further delay. But Shuka says Gathoni Muchai Investments Ltd has informed it that payment is now in process. Expects funds to be cleared into its bank account next week.

Gathoni Muchai said early last month delays in remittance was due to administrative matters and required regulatory clearances in Kenya. Early in July, Gathoni Muchai agreed to increase its loan to Shuka by GBP1.5 million to GBP2 million. This extension covered the balance of USD1.35 million or GBP1.0 million due to vendors of Leopard Exploration.

Gla

Thanks for the rocket launcher and boosters

I have mixed my profits into ska and genf

Placing was at 0.2 in September

Placees making a killing selling out on the rise

The Company currently expects that the funds will be cleared into the Company's bank account next week.

This was 7.7p last time we had good news. Hopefully will go past this price.

Some good buys getting printed today

Hopefully we move towards 3p today

1 more week

Shuka Minerals Plc

("Shuka" or the "Company")

Update of financing for Kabwe transaction

Further to its announcement on 30 September 2025, Shuka Minerals Plc (AIM/AltX: SKA), an African focused mine operator and developer, provides an update on the financing for the Company's proposed acquisition ("Acquisition") of the Zambian mining and exploration company, Leopard Exploration and Mining Limited ("LEM") and the Kabwe Zinc Mine ("Kabwe Mine") located in central Zambia.

Gathoni Muchai Investments Limited ("GMI") informed the Company that remittance of funds, pursuant to the increased loan entered into on 30 June 2025 and to be used by the Company to satisfy the $1.35m balance of cash consideration due to the LEM vendors, has been further delayed while GMI completes the alternate means to expedite payment to the Company. However, GMI has informed the Company that payment is now in process. The Company currently expects that the funds will be cleared into the Company's bank account next week.

The LEM vendors remain supportive of progressing to completion of the Acquisition, which will occur following payment to the LEM vendors of the balance of cash consideration and issue of the consideration shares and further warrants (as detailed in the Company's announcement on 1 July 2025 announcement), and the transfer of LEM shares to the Company.

The Company remains committed to finalising the LEM transaction utilising the non-dilutive and favourable terms available under the GMI facility.

A further announcement will be made in due course.

Delayed buy printed

15-Oct-25 16:09:43 2.2888 500,000 Unknown* 2.10 2.30 11.44k

Peeps loading up

Drawdown notices under Tranche 2 have commenced post period and, as updated to the market on 18 September 2025, GMI are in process of completing alternate means to expedite payment to the Company. GMI have advised that the intended transfer by alternate means will now be delayed beyond month end as originally indicated, but that they expect to conclude the transfer by 15th October 2025.

Today was the 15th. Hopefully news tomorrow

Mms in need of shares

Looks like RNs tomorrow

Taken profits. Moved into GENF. gla

Looks like mumblegrunble buying