Arkle announced the acquisition of an 85% interest in Namibia Uranium Pty Ltd. (Namibia Uranium) for a total consideration of £2.032 million (Acquisition), payable through a combination of cash and new ordinary shares, and a placing and subscription to raise £1.7 million through the issue of 425,000,000 ordinary shares of ?0.0025 each (Ordinary Shares) (Fundraise Shares) at price of 0.4 pence per ordinary share (Issue Price) (Fundraise). The Fundraise was significantly over-subscribed. The Board has appointed Rory Harding as Interim-CEO, with immediate effect 29 January 2026.
Mr. Harding is an emerging markets specialist with experience in energy, mining and investment banking and adviser to London merchant bank Strand Hanson. He is the co-founder and asset originator for multiple publicly-listed mining companies, most recently Electrum Discovery. Mr. Harding formerly worked in energy trading and has extensive operational experience in Africa, including in Namibia.
Rory John Harding, aged 40, currently holds or has held the following directorships in the past five years: Current directorship: American Renaissance Resources LLC, Reston Energy Trading Ltd, Onyofi Capital Pty Ltd, Patina Minerals Doo, Oakridge Vision Ltd. Past five years: NeoGreen Hydrogen Corp, Oxley River Capital Pty Ltd, Aurous Resources Inc, Balkan Metals Corp, Strand Hanson Guyana Ltd, Oryx Services Namibia Pty Ltd, Molecula Prospera Lda, Elipse Fidalga Lda, Inside Theory Lda.
