Wrap Text
Expiry of Warrants
SHUKA MINERALS PLC
(formerly Edenville Energy PLC)
(Incorporated in England and Wales)
(Registration number 05292528)
("Shuka Minerals" or "the Company")
ISIN Code: GB00BN47NP32
AIM Share Code: SKA JSE Share Code: SKA
Expiry of Warrants
Shuka Minerals Plc (AIM & AltX: "SKA"), an African focused mine operator and developer, confirms that
15,846,691 warrants, originally issued in May 2021 and August 2023, which have an exercise price of
25 pence each, and which were extended on 24 May 2024 for a period of 12 months to 25 May 2025 have
now expired.
The Company currently has the following warrants outstanding:
• 285,714 warrants at 7 pence expiring on 09/12/2025,
• 333,334 warrants at 25 pence expiring on 05/12/2027,
• 4,250,000 warrants at 12.5 pence expiring on 31/12/2027; and
• 3,600,000 warrants at 9.125 pence expiring on 02/08/2028.
The Company's current issued share capital comprises 66,858,597 ordinary shares, and following the
successful JSE listing on 21 May 2025 is now listed on the Alternative Exchange ('AltX') in South Africa and
admitted to trading on AIM in the United Kingdom.
ENDS
About Shuka Minerals:
Shuka Minerals plc, is a dynamic and innovative mining and development company, committed to
exploring and harnessing Africa's mineral resources. Shuka's focus lies in the acquisition and development
of valuable minerals, aiming to contribute to the sustainable growth and development of local
communities.
Shuka has an operating coal mine in Tanzania, which capacity is under consideration for upgrading by
management depending on funding and strategic direction. Shuka is also considering projects in Zambia,
South Africa, and other African countries that are rich in copper, lead, and zinc.
The Company has signed a conditional Share Purchase Agreement with Leopard Exploration and Mining
Limited ("LEM") to acquire 100% of LEM's share capital. LEM is the registered holder of a large-scale mining
license 12848-HQ-LML issued in December 2014 for a period of 25 years, and which includes the historical
Kabwe Zinc Mine ("Kabwe Mine") located in central Zambia, approx. 110km north of the capital city of
Lusaka.
The Kabwe Mine, was previously operated by Anglo American plc and Zambia Consolidated Copper Mines
Limited, and was mined continuously for 88 years until its closure in 1994, due to the then current
commodity prices. It was ranked as one of the world's highest-grade zinc and lead mining operations and
is considered one of the famous mines in Africa, holding a position of national economic importance in
Zambia.
For Enquiries:
Shuka Minerals Plc +44 (0) 7990 503007
Richard Lloyd - CEO
Strand Hanson Limited +44 (0) 20 7409 3494
Financial and Nominated Adviser
James Harris | Richard Johnson
Tavira Securities Limited +44 (0) 20 7100 5100
Joint Broker
Oliver Stansfield | Jonathan Evans
Peterhouse Capital Limited +44 (0)20 7469 0930
Joint Broker
Charles Goodfellow | Duncan Vasey
Investor Relations +254 746 849 110
Faith Kinyanjui Mumbi
AcaciaCap Advisors Proprietary Limited +27 11 480 8500
JSE Sponsor
Michelle Krastanov
By Order of the Board
4 June 2025
SPONSOR
AcaciaCap Advisors Proprietary Limited
Date: 04-06-2025 12:00:00
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