Tanganda to migrate to VFEX, raise US$8 million

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TANGANDA Tea Company says it is engaged in discussions that will result in the migration of its listing to Victoria Falls Stock Exchange.

The migration will see the company raise up to US$7,7 million through a renounceable rights offer.

“The company is engaged in discussion that will culminate in the company calling for an extraordinary general meeting of members for the purposes of considering and approving the migration of Tanganda’s listing from the Zimbabwe Stock Exchange to the Victoria Falls Stock Exchange,” read the notice.

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