Kavango Resources plc will issue 36,596,469 new ordinary shares to Comarton Consultants (Private) Ltd ATF and six pension funds, under the Comarton managed pension funds investments consortium. TVRs The shares issue, at £0.01 per shares, follows those in April and September 2025 and in January 2026. The total number of Consortium pension funds invested in Kavango now […]
Tag: Victoria Falls Stock Exchange (VFEX)
Kavango raises £6.3m
Kavango Resources plc has raised approximately US$4.7 million (£3.5m) in Zimbabwe and £2.8m in the UK, both at or the equivalent of £0.01 per share. NARA The fundraise was by way of a subscription for an aggregate 629,991,138 new ordinary shares at a 33% premium to the mid-market price at close on 5 March 2026. […]
Kavango issues 74m shares
Kavango Resourcs plc will issue 74,016,243 new ordinary shares to Comarton Consultants Ltd and nine pension funds, under the Comarton managed pension funds investments consortium. TVRs The consortium’s agent and administrator is Zimbabwe-registered Comarton. Kavango said that the shares issue increased the total number of consortium pension funds invested in Kavango to 12. On admission, the funds will have […]
Kavango raises $373,000
Kavango Resources plc has raised US$373,323.19 via a subscription held in Zimbabwe for 27,651,514 new ordinary shares, at the equivalent of £0.01 per share. USES The company has applied for the transition of the Victoria Falls Stock Exchange shares to the equity shares category of the Official List of the Financial Conduct Authority and then to […]
Kavango starts trading on VFEX
Kavango Resources plc today began trading on the Victoria Falls Stock Exchange in Zimbabwe, as a secondary listing. TVRs Shares issued include those from the July fundraise on the VFEX via a subscription and issuance of share awards to eligible employees. Of the total 330,455,092 new ordinary shares in the subscription, 69,364,667 will be issued […]
Kavango exercises Nara gold option
Kavango Resources plc has exercised its option, signed in June 2023, to acquire 100% of the Nara gold project in Matabeleland, Zimbabwe. LISTING The project comprises 45 contiguous gold claims, each of 10 hectares, and covers four historic mines as well as a tailings dump. Over two years, the company has conducted drilling programmes, ground […]