On his flying visit to the UK, Jason gave up his time to call into the London studio this afternoon before boarding a flight this evening back to Nairobi, Kenya.
November last year when Jason called into the studio, the share price stood at 9p now it is circular 14p. A lot is going on with Marula Mining, three listings are due, dual listing on the Nairobi stock exchange, and the first-ever mining company to list.
He was completing further dual listing in South Africa, to follow quickly and the listing in London with the company leaving AQSE and bypassing AIM with a listing on the main market.
Maru will hold a general meeting tomorrow to approve issues of shares to take the company’s market cap to over £30 million.
On 8 February 2024, the Company announced that it had signed a further amendment to the Subscription of Shares Agreement, in which K2 irrevocably and unconditionally consented to the novation of the entirety of its rights and obligations under the Subscription of Shares Agreement to the Subscriber.
The Subscriber is AUO Commercial Brokerage LLC, a Dubai-incorporated affiliate of Q Global, one of South Africa’s leading independent commodity, mining, logistics and investment funds. Under the terms of the Subscription of Shares Agreement, as amended, the Subscriber has conditionally agreed to subscribe for 147,800,000 New Ordinary Shares up to a value of £8,530,000.
The Circular contains a Notice of General Meeting to be held at the office of Memery Crystal, 165 Fleet Street, London EC4A on 8 March 2024 at 2.00 p.m. (the “General Meeting”).
https://www.share-talk.com/jason-brewer-ceo-of-marula-mining-aqse-maru-talking-to-share-talk-in-london-studio/
