Source - Alliance News

Katoro Gold PLC - precious minerals exploration and development company with assets in Tanzania, and South Africa - Confirms appointment of Patrick Cullen as interim chief executive officer. Explains that Cullen has ‘extensive geological, geophysical and mining experience’, gained while working in the junior resource exploration and major mining sectors. In his new role, Cullen will oversee Katoro through the next phase in its development, including a technical review of the Haneti prokect in Tanzania, and rapidly advancing the review and potential acquisition of new opportunities.

Non-Executive Chair Sean Wade says: ‘I am pleased to confirm Patrick’s appointment to the role of interim chief executive officer. With this appointment we are now able to push ahead at some pace with our plans for the business and we are excited by the potential opportunities available at this time.’

Current stock price: 0.099 pence

12-month change: down up 10%

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