han**** - gina rheinhart29 Nov 2025 15:00
the placing
the company has raised gross proceeds of Β£6,000,000 through a placing of 1,090,909,082 ordinary shares ("placing shares") at the placing price ("placing"). the company welcomes a major new institutional shareholder following this placing and notably received the support of existing shareholders. the addition of new shareholders complements the existing strength of investors at the in-country subsidiary level, which includes the company's joint venture partners in ethiopia comprising the ethiopian federal government, oromia regional government, and the ethiopian sovereign fund, the largest in africa. in saudi arabia, the company is also supported by major local shareholder abdulrahman al rashid and sons (artar) and its exploration joint venture partner, han**** prospecting, through their operating joint venture company, gold and minerals limited.