Namib Minerals (NAMM) Form 424B3 — Jul 17, 2026
Namib Minerals filed a prospectus supplement to facilitate the resale of up to 1,750,000 ordinary shares by the Selling Shareholder, Cohen & Company Securities, pursuant to a $3.5 million promissory note. The filing updates the prospectus with information regarding a new $5.0 million term loan facility secured by the company's subsidiary, Bulawayo Mining Company, with Ecobank Zimbabwe Limited to finance mining development and equipment maintenance.
Key figures
- Debt Amount
- $5,000,000
- Interest Rate
- 11%
- Maturity Date
- May 31, 2029
- Note face value
- $3,500,000
- Security interest value
- $7,500,000
- Monthly proceeds assignment
- $3,000,000
- Shares registered for resale
- 1750000
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