Proactive headlines: KR1, Shanta Gold, Cloudbreak Discovery…
A look at some of today's major headlines from the Proactive newswire
KR1 PLC (LON:KR1) net asset value jumped five-fold last year as it reaped the benefit of the upsurge in interest in cryptocurrencies. NAV per share at the end of the year to December 2020 was 28.97p, compared to 5.72p a year as assets in the crypto investor's portfolio jumped in value to £37.9mln from £7.5mln. Profits for the soared to £30.3mln (£1.15mln).
Shanta Gold Ltd (LON:SHG) announced high-grade drilling results from the phase 1 drilling programme at its West Kenya project. Visible gold was identified in four different intersections across 15 holes drilled as part of the drilling programme conducted in April and May 2021 at the Isulu and Bushiangala deposits.