Africa-focused mining and development company Marula Mining has joined the Apex segment of UK-based capital market company Aquis Stock Exchange (AQSE), with effect from market open on August 23.
The Apex segment of AQSE features larger, more established businesses and enforces stricter eligibility criteria to encourage greater liquidity.
This will enable Marula to enhance its connection with investors, while advancing growth and upholding its commitment to the highest levels of corporate governance.
Marula satisfies all criteria required by a company listing on the Apex segment.
This includes a minimum market capitalisation of £10-million, at least 25% shares in public hands and a minimum two-year trading history.
“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, I believe will further assist in our growth given the likely increased market exposure and visibility with investors that it will bring,” states Marula Mining CEO Jason Brewer.