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Kavango Shares Surge Amid Pension Fund Deals | Zimbabwe News
Kavango Resources is set to issue nearly two million new shares at just one British penny each, raising about $27,050 before fees — part of a fifth deal under a multi-pension fund investment plan managed by Comarton Consultants. The move will boost the group’s stake in Kavango to over 213 million shares and expand cash withdrawals from the arrangement to six times a year, with another expected before January 2027. Shares will debut on the London Stock Exchange before moving to Zimbabwe’s Victoria Falls exchange, enabling local trading. Total shares outstanding will exceed four and a half…
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