Kazera Global plc (AIM:KZG) agreed to acquire a 71% stake in Great Lakes Graphite (PTY) Ltd for £0.75 million on June 21, 2022. Christopher Raggett and Tim Harper of finnCap Ltd acted as Financial advisor to Kazera Global plc. First tranche, of £250,000 at 1.5p per share, locked in for one year. Second Tranche, of £250,000 at completion of the Definitive Feasibility Study ("DFS"), at the lower of 2.5p per share or the 10 days VWAP preceding the DFS RNS announcement, also locked in for one year. Third Tranche, of £250,000 on initial ore production at the lower of 2.5p per share or the 10 days VWAP preceding the RNS announcement of initial production.

Kazera Global plc (AIM:KZG) cancelled the acquisition of 71% stake in Great Lakes Graphite (PTY) Ltd on March 16, 2023.