Source - LSE Regulatory
RNS Number : 4387Y
Katoro Gold PLC
03 January 2024
 

 

 

 
Katoro Gold plc (Incorporated in England and Wales)

(Registration Number: 9306219)

Share code on AIM: KAT

ISIN: GB00BSNBL022

("Katoro" or "the Company")

 

Dated: 03 January 2024

 

 

 

 

Katoro Gold PLC ('Katoro' or the 'Company')

 

Update on Imweru Gold Project

Joint Venture Agreement with Lake Victoria Gold

 

Katoro Gold PLC (AIM: KAT), the strategic and precious minerals exploration and development company, announces that in terms of the Joint Venture Agreement ('Agreement') with Lake Victoria Gold to develop the Imweru Gold Project as announced on 7 March 2022, (RNS Nr 8292D dated 7 March 2022) LVG has to date not provided any proof of payment of the agreed Capital Contribution, payable on or before 31 December 2023 , commensurate with the Agreement referred to above.

The Company has subsequently formally engaged with LVG on this matter and is awaiting their response and will update the market in due course.

 

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

info@kibo.energy

Kibo Energy plc

Chief Executive Officer

James Biddle

Roland Cornish

+44 207 628 3396

Beaumont Cornish Limited

Nominated Adviser

Nick Emmerson

Sam Lomanto

+44 148 341 3500

SI Capital Ltd

Broker

Zainab Slemang van Rijmenant

zainab@lifacommunications.com

Lifa Communications

Investor and Media Relations Consultant

 

 

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