Business
FY2022 Results, Corporate Update & AGM Notice
FY2022 Results, Corporate Update & AGM Notice.
About this update from Kazera Global Plc
[{"type":"text","content":"\n \n \n 16\n March\n 2023\n \n \n \n Kazera Global plc (\"Kazera\" or \"the Company\")\n \n \n \n \n 2022 Full Year Results\n \n \n ,\n \n \n Corporate Update\n \n \n and Notice of AGM\n \n \n \n \n \n \n Kazera Global plc, the AIM-quoted investment company, is pleased to announce its results for the year ended 30 June 2022 (the \"Results\") (\"Financial Year 2022\" or \"FY2022\"), which will be sent to shareholders today and are available on the Company's website, at\n \n www.kazeraglobal.com\n \n .\n The Company is also pleased to provide\n an update on key\n corporate\n developments\n and Notice of its Annual General Meeting\n .\n \n \n \n \n \n Trading in the Company's ordinary shares (the \"Ordinary Shares\") will resume on the AIM Market of the London Stock Exchange at\n 7\n .\n 3\n 0 a.m.\n today.\n \n \n \n \n \n The Company is currently preparing its unaudited interim\n results\n for the six months ended 31 December 2022\n , which it\n expects to\n publish no later than\n 31 March 2023\n .\n \n \n \n \n \n \n CORPORATE UPDATE\n \n \n \n \n Highlights\n \n \n \n ·\n New Strategic shareholder,\n African Mineral Sands Pte Ltd Singapore (\"AMS\"),\n with extensive experience in mining and infrastructure projects in Southern Africa to acquire up to 29.9% the Company's existing Ordinary Shares from an existing shareholder, at a 53% premium to the price per Ordinary Share immediately prior to the suspension of their trading on AIM\n \n \n ·\n Total received to date of US\n $\n 2,347,834\n , with a Proof of Payment for a further US$687,500,\n from Hebei Xinjian Construction (\"Xinjian\") re the sale of\n African Tantalum (Pty) Ltd in Namibia\n (\"Aftan\"), which is on track to complete December 2023\n \n \n · \n New equipment ordered at Walviskop Heavy Mineral Sands Project to allow for ilmenite and garnet extraction/sale and license area moved 100 metres to incorporate self-replenishing surf-zone\n \n \n ·\n New plant completed at\n Deep Blue Minerals'\n diamond mining operation and new mining blocks granted to give access to a further 28,000 carats of diamonds\n \n \n · \n Buru Hills acquisition ceased at nil cash cost to focus on Walviskop Heavy Mineral Sands Project\n \n \n · \n The Company has today launched its new website\n \n \n \n \n \n \n Dennis Edmonds, Kazera Chi...