Corporate Restructure with New UK Subsidiaries
Marula Mining PLC
("Marula'' or the "Company")
4 July 2025
Corporate Restructure with New United Kingdom ("UK")-Based Subsidiaries Established
Marula Mining PLC (AQSE: MARU A2X: MAR) an African focused mining and development company, announces the incorporation of two new and wholly-owned UK-based subsidiaries. The subsidiaries have been established as part of its broader strategic growth plans and continued commitment to value creation across its African battery metals and critical mineral projects.
The Company has incorporated Marula Africa Mining Holdings Limited ("Marula Africa"), a new UK-registered entity that will act as the holding company for all of the Company's direct and indirect and commercial interests that the Company holds in its East African and Southern African mines as well as its development and exploration projects. This new structure is designed to streamline the management of Marula's operational activities across Africa and enhance strategic alignment as the Company continues to expand its project portfolio and advance other corporate actions.
Marula Metals Processing Limited ("Marula Metals") has also been incorporated in the UK and will be the entity through which all value-addition and high-value processing and refining of its battery metals and critical mineral projects in East Africa and Southern Africa will be structured through. Marula Metals will also serve as the special purpose vehicle through which the Company will advance a number of joint ventures and partnerships targeting battery metals processing, recycling of critical metals and the recovery and processing of e-waste and related materials.
The formation of Marula Africa and Marula Metals are considered by the Board to be key elements of the Company's corporate growth strategy and focus to produce high-value materials of critical global importance as part of its commitment to sustainable and responsible resource development in Africa.
The Directors of Marula are responsible for the contents of this announcement. This announcement contains inside information for the purposes of UK Market Abuse Regulation.
About Marula Mining
Marula Mining (AQSE: MARU A2X: MAR) is an African focused battery metals investment and exploration company and has interests in several high value mining operations and mine development projects in Africa: the Blesberg Lithium and Tantalum Mine and Northern Cape Lithium and Tungsten Project, all in South Africa; the Boteti Lithium Brines Project in Botswana; the Larisoro Manganese Mine and Kilifi Manganese Processing Operation both in Kenya; the Kinusi Copper Mine, the Nyorinyori Graphite Project and the NyoriGreen Graphite Project all in Tanzania. As we advance operations at these battery metals focused projects, Marula will continue to build and expand its interests in other high-quality projects in Africa.
Marula's strategy is to identify and invest in advanced and high-value mining projects throughout East, Central and Southern Africa that the Directors believe would deliver returns for its shareholders. The Board and management team aims to establish Marula as a socially and environmentally responsible, sustainable, and profitable producer of critical metals and commodities that are of increasingly strategic importance to modern technologies and the global economy. Marula's shares are traded on AQUIS Stock Exchange (AQSE) in London and A2X Markets in South Africa. Marula is exploring opportunities to admit its shares to trading on Kenya's Nairobi Securities Exchange and South Africa's Johannesburg Stock Exchange.
For enquiries contact:
|
Marula Mining PLC Jason Brewer, Chief Executive Officer
Faith Kinyanjui Mumbi Investor Relations |
Email : jason@marulamining.com
Email : info@marulamining.com |
|
AQSE Corporate Adviser Cairn Financial Advisers LLP, Liam Murray / Ludovico Lazzaretti |
+44 (0)20 7213 0880 |
|
A2X Advisor AcaciaCap Advisors Proprietary Limited Michelle Krastanov |
+27 (11) 480 8500 |
Caution:
Certain statements in this announcement, are, or may be deemed to be, forward looking statements. Forward looking statements are identified by their use of terms and phrases such as ''believe'', ''could'', "should" ''envisage'', ''estimate'', ''intend'', ''may'', ''plan'', ''potentially'', "expect", ''will'' or the negative of those, variations or comparable expressions, including references to assumptions. These forward-looking statements are not based on historical facts but rather on the Directors' current expectations and assumptions regarding the Company's future growth, results of operations, performance, future capital and other expenditures (including the amount, nature and sources of funding thereof), competitive advantages, business prospects and opportunities. Such forward looking statements reflect the Directors' current beliefs and assumptions and are based on information currently available to the Directors.
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