Marula Mining said it has joined the Apex segment of the Aquis Stock Exchange from the market open today, 23 August 2023.
To list on the Apex segment, companies must have a minimum market cap of £10 million, 25% of its shares in public hands and a two-year trading history.
Jason Brewer, Marula Mining’s chief executive, added that trading on the Apex segment of the AQSE Growth Market “will further assist in our growth given the likely increased market exposure and visibility with investors that it will bring”.
Marula Mining has interests in several battery metal projects in Africa: Blesberg Lithium and Tantalum Mine in South Africa, Nkombwa Hill Project in Zambia and Kinusi Copper Mine, Bagamoyo Graphite Project and Nyorinyori Graphite Project in Tanzania.
Marula said it is also exploring opportunities to admit its shares to trading on AIM, Kenya’s Nairobi Securities Exchange and South Africa’s Johannesburg Stock Exchange.