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SHUKA MINERALS PLC - SF: Summary of the Audited Financial Statements for the Year Ended 31 December 2024

Release Date: 30/06/2025 16:55
Code(s): SKA     PDF:  
Wrap Text
SF: Summary of the Audited Financial Statements for the Year Ended 31 December 2024

SHUKA MINERALS PLC
(formerly Edenville Energy PLC)
(Incorporated in England and Wales)
(Registration number 05292528)
("Shuka Minerals" or "the Company")
ISIN Code: GB00BN47NP32
AIM Share Code: SKA         JSE Share Code: SKA

SHORT FORM SENS ANNOUNCEMENT
SUMMARY OF THE AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED
31 DECEMBER 2024


Salient Features
Extracted from the audited financial information for the year ended 31 December 2024:

                                          Audited                                Audited
                                        12 months                              12 months
                                            ended                 %                ended
GB Pounds                             31 Dec 2024            Change          31 Dec 2023
Revenue                                     2 305           -98.81%              194 346
Operating Loss                        (1 799 584)           -26.36%          (1 424 120)
Basic loss per share (pence)               (3.32)           +19.22%               (4.11)
Dividend                                       -                 -                    -

Additional information required in terms of the JSE Listings Requirements is published
below:

Headline Earnings/(Loss) Reconciliation

                                                                                Audited
                                                    Audited                   12 months
                                                  12 months                       ended
                                                      ended            %         31 Dec
GB Pounds                                       31 Dec 2024       Change           2023
Loss for the year                                (2 004 927)     -19.16%     (1 682 500)
Adjustments to headline loss                              -           -               -
Headline loss                                    (2 004 927)     -19.16%     (1 682 500)
Weighted average number of shares in issue       60 439 641        47.6%     40 922 217
Headline loss per share (pence)                       (3.32)     +19.22%          (4.11)

Short-Form Announcement
The short-form announcement is the responsibility of the directors and is only a summary
of information set out in the full announcement which is available on the Company's
website (https://shukaminerals.com/investors). This announcement does not contain full
or complete details and any investment decisions by investors and/or shareholders should
be based on consideration of the published SENS available on:

https://senspdf.jse.co.za/documents/2025/jse/isse/skae/skaYE24.pdf

Audit Opinion
The consolidated annual financial results were audited by PKF Littlejohn LLP who
expressed an unqualified audit opinion. The Auditor's audit opinion is available for
inspection at the Company's registered office. The audit opinion contains a repeated
emphasis of matter relating to the operationalisation of the 16% Government of Tanzania
non-dilutable free carries share interest. Full information is included in the audit report.

Copies of the full announcement may be requested from the Company through Richard
Lloyd, richardlloyd@shukaminerals.com, or inspected at the registered office and/or the
Sponsors' office, at no charge, during office hours.

Shuka Minerals plc has its primary listing on the London Stock Exchange (AIM) and a
secondary listing on the AltX of the JSE.

LONDON
30 June 2025

JSE Sponsor:                                                           Nominated Advisor:
AcaciaCap Advisors Proprietary Limited                             Strand Hanson Limited

Date: 30-06-2025 04:55:00
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