Kazera Global Settles Fujax Debt for $1 Million

07:20 AM EDT, 09/03/2026 (MT Newswires) -- Kazera Global (KZG.L) said Thursday it agreed to a reduced $1 million full and final settlement of debt with Fujax South Africa, reducing the London-listed mining investor's cash burden. Fujax initially calculated the total amount outstanding under the prepayment arrangements at $1.3 million, but without any admission of liability, both parties agreed to settle the debt for $1 million. The settlement will consist of $500,000 in new Kazera shares and $500,000 in cash, to be paid in installments through March 2027.