Botswana: Minergy Shares Suspended On Botswana Bourse Amid Legal Dispute

TLDR

• Trading in Minergy shares has been suspended on the Botswana Stock Exchange (BSE) since October 15 as the coal producer faces a legal challenge from one of its creditors
• The company, which operates the Masama Coal Mine, requested the suspension to avoid what it called a “false market”
• Minergy’s financial struggles intensified after global coal prices fell sharply in 2023, following a brief post-Ukraine war boom

Trading in Minergy shares has been suspended on the Botswana Stock Exchange…