IN BRIEF: Shuka Minerals issues new shares to settle fees, salaries
Shuka Minerals PLC - Africa-focused mine operator and developer - Issues 2.76 million new shares to Gathoni Muchai Investments Ltd. These will settle 3% establishment fee linked to the unsecured loan signed in June last year, and historic fees related to Gathoni Muchai's consultancy agreement. To date, GBP1.12 million has been drawn down under the Gathoni Muchai loan, with a further GBP385,000 remaining undrawn. Read More