10th Jul 2026 16:25
GRIT Investment Trust PLC - invests in small and mid-cap natural resources and mining companies - Announces that it is in discussions with a mining resources-focused company. Says it is considering signing non-binding heads of terms for a reverse takeover. If it does not enter the heads of terms, and/or the RTO does not proceed, GRIT "will consider its options". These include seeking a cancellation of its listing. Notes that trading in its securities remains suspended while the talks continue.
Previously, on Thursday, GRIT announced the termination of a proposed RTO of Nabirm Global, ending a transaction first announced in August 2025.
By Emma Curzon, Alliance News reporter
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