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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Katoro Gold Plc | LSE:KAT | London | Ordinary Share | GB00BSNBL022 | ORD GBP0.001 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.0025 | -3.03% | 0.08 | 0.075 | 0.085 | 0.0825 | 0.08 | 0.0825 | 17,605,620 | 10:49:03 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Crude Petroleum & Natural Gs | 0 | -1.05M | -0.0016 | -0.50 | 535.6k |
From May 2019 to May 2024
TIDMKAT
RNS Number : 9379P
Katoro Gold PLC
15 October 2019
Katoro Gold plc (Incorporated in England and Wales)
(Registration Number: 9306219)
Share code on AIM: KAT
ISIN: GB00BSNBL022
("Katoro" or "the Company")
15 October 2019
Katoro Gold plc ('Katoro' or the 'Company')
Imweru Gold Project Transaction Update
Katoro Gold plc (AIM:KAT), the Tanzanian focussed exploration and development company, announces that further to its announcement of 30 September 2019, Lake Victoria Gold Limited ('LVG') have now issued 700,000 shares with a value of AUS$70,000 (approximately US$47,230) to Katoro, in recognition of Katoro granting the extension to receipt of the first tranche of monies due under the term sheet of US$50,000 to 31 October 2019. Following the issue of the shares, Katoro is now interested in 0.7% of LVG's share capital.
Louis Coetzee, Executive Chairman of Katoro Gold, said, "We are pleased to have concluded the extension premium payment with LVG, which further proves the commitment from LVG to finalise the acquisition of Imweru. Our new shareholding in LVG will also allow Katoro and its shareholders to continue to indirectly share in the potential upside of Imweru.
I look forward to keeping shareholders update on our progress going forward, as we look to create significant shareholder value from our projects."
This announcement contains inside information as stipulated under the Market Abuse Regulations (EU) no. 596/2014.
**ENDS**
For further information please visit www.katorogold.com or contact:
Louis Coetzee louisc@katorogold.com Katoro Gold plc Executive Chairman Richard Tulloch +44 (0) 20 7409 Strand Hanson Limited Nominated Adviser Ritchie Balmer 3494 Georgia Langoulant Nick Emmerson +44 (0) 1483 413 SI Capital Ltd Broker Sam Lomanto 500 Isabel de Salis +44 (0) 20 7236 St Brides Partners Investor and Media Beth Melluish 1177 Ltd Relations Adviser
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
UPDLLFFIIDLELIA
(END) Dow Jones Newswires
October 15, 2019 06:31 ET (10:31 GMT)
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