Marula Mining announced its entry into the Apex segment of the Aquis Stock Exchange as of the market’s opening on 23 August 2023.
To be eligible for the Apex segment, firms must possess a minimum market capitalization of £10 million, have 25% of their shares available to the public, and showcase a trading history spanning two years.
Jason Brewer, the CEO of Marula Mining, expressed that the presence in the Apex segment of the AQSE Growth Market
“It has been a pleasure to have been involved in the transformation of this company over the past several months, from both an operational perspective and from a corporate one too.
“To now see our shares admitted to trading on the Apex segment of the AQSE Growth Market is another achievement for the Company and I believe will further assist in our growth given the likely increased market exposure and visibility with investors that it will bring.”
Marula Mining holds stakes in various battery metal initiatives in Africa, including the Blesberg Lithium and Tantalum Mine in South Africa, the Nkombwa Hill Project in Zambia, and the Kinusi Copper Mine, Bagamoyo Graphite Project, and Nyorinyori Graphite Project in Tanzania.
Additionally, Marula is considering the possibility of listing its shares on AIM, the Nairobi Securities Exchange in Kenya, and the Johannesburg Stock Exchange in South Africa.
