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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Papillon Holdings Plc | LSE:PPHP | London | Ordinary Share | GB00BYZC5R04 | ORD GBP0.001 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.325 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMGCAT
RNS Number : 7307M
Caracal Gold PLC
13 January 2023
Caracal Gold plc / EPIC: GCAT / Market: Main / Sector: Mining
13 January 2023
Caracal Gold plc ('Caracal' or the 'Company')
Board Change
Caracal Gold plc, the expanding East African gold producer with over 1,300,000oz JORC-compliant gold resources, announces that Mr Simon Games Thomas has stepped down from his position as Non-Executive Chairman, effective immediately. A replacement Chairman will be appointed in due course, with Caracal in advanced discussions with a potential candidate.
A combined Q3 and Q4 operational update will be provided as an H1 update in conjunction with the upcoming Annual General Meeting to be held at 10:00am on Monday 23 January 2023 at VSA Capital Limited, Park House, 16-18 Finsbury Circus, London, EC2M 7EB.
**ENDS**
For further information visit www.caracalgold.com or contact the following:
Caracal Gold plc info@caracalgold.com Robbie McCrae Clear Capital Markets Ltd Joint Broker +44 203 897 0981 Keith Swann / Jonathan Critchley +44 203 869 6086 ------------------------------- VSA Capital Ltd Financial Adviser and Joint Broker Andrew Raca (Corporate Finance) Andrew Monk / David Scriven (Corporate Broking) +44 203 005 5000 ------------------------------- St Brides Partners Ltd caracal@stbridespartners.co.uk Financial PR Charlotte Page / Isabel de Salis / Isabelle Morris ------------------------------- DGWA, the German Institute info@dgwa.org for Asset and Equity Allocation and Valuation European Investor and Corporate Relations Advisor Katharina Löckinger -------------------------------
Notes
Caracal Gold plc is an expanding East African focused gold producer with a clear path to grow production and resources both organically and through strategic acquisitions. Its aim is to rapidly increase production to +50,000ozs p.a. and build a JORC compliant resource base of +3Moz within 18 months from its listing in August 2021. We are progressing a well-defined mine optimisation strategy at our 100% owned Kilimapesa Gold Mine in Kenya, where there is significant mid-term expansion potential and ability to increase gold production to 24,000oz p.a. and the resource to +2Moz (current JORC compliant resources of approx. 706,000oz). Our experienced team, with proven track record in successfully developing and operating mining projects throughout Africa, is reviewing other complementary and strategically located gold mine and development projects in East Africa.
Caracal is a responsible mining and exploration company and supports the positive social and economic change that it contributes to the communities in the regions that it operates. It is a proudly East African-focused company: it buys locally, employs locally, and protects the environment and its employees and their families' health, safety, and wellbeing.
Caracal's shares are quoted on the Main Market of the London Stock Exchange (LON: GCAT) and on the Frankfurt Stock Exchange (FSE: 6IK); a listing on the Nairobi Securities Exchange is underway.
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END
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(END) Dow Jones Newswires
January 13, 2023 11:30 ET (16:30 GMT)
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