Result of AGM

RNS Number : 5692N
Caracal Gold PLC
23 January 2023
 

  Caracal Gold plc / EPIC: GCAT / Market: Main / Sector: Mining

23 January 2023

  Caracal Gold plc ('Caracal' or the 'Company')  

Result of AGM

 

Caracal Gold plc, the East African gold producer with over 1,300,000oz JORC-compliant gold resources, announces that at its Annual General Meeting ("AGM") held earlier today, all resolutions were duly passed.

 

**ENDS**

 

For further information visit www.caracalgold.com or contact the following:

 

Caracal Gold plc

Robbie McCrae

info@caracalgold.com

Clear Capital Markets Ltd

Joint Broker

Keith Swann / Jonathan Critchley

+44 203 897 0981

+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

Financial PR

Charlotte Page / Isabel de Salis / Isabelle Morris

caracal@stbridespartners.co.uk

DGWA, the German Institute for Asset and

Equity Allocation and Valuation

European Investor and Corporate Relations Advisor

Katharina Löckinger

 

info@dgwa.org

 

 

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.  The company is progressing a well-defined mine optimisation strategy at its 100% owned Kilimapesa Gold Mine in Kenya, where there is significant mid-term expansion potential and the ability to increase gold production to 24,000oz p.a. and the resource to +2Moz (current JORC compliant resources of approx. 706,000oz). Alongside this, Caracal is undertaking a targeted exploration programme at the Nyakafuru Project in Tanzania, which has an established high-grade shallow gold resource of 658,751oz at 2.08g/t contained within four deposits over 280 km2 and appears amenable to development as a large scale conventional open pit operation.  

Caracal's experienced team has a proven track record in successfully developing and operating mining projects throughout Africa.  The Company 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).  The Company is also in the process of listing on the Nairobi Securities Exchange.

 

 

 

 

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
RAGEAFFDALADEFA
UK 100