Kenya Tax Liability

Goldplat plc

16 August 2024

 

Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration

16 August 2024

Goldplat plc

('Goldplat', the 'Group' or 'the Company')

Kenya Tax Liability

Goldplat plc, (AIM: GDP) the AIM listed Mining Services Group, with international gold recovery operations located in South Africa and Ghana, servicing the African and South American Mining Industry, announces that it is involved in a process of arbitration dispute resolution ("ADR") in Kenya with respect to a claim that has been brought forward against Kilimapesa Gold (Pty) Limited ("Kilimapesa"), a subsidiary of Caracal Gold Plc ("Caracal Gold"), as agent of Gold Minerals Resources Limited ("subsidiary of Goldplat Plc"), regarding the sale of Kilimapesa by Gold Minerals Resources Limited to Caracal Gold.

Per the ADR, the Company has agreed to settle USD320,000 and is waiting for the ADR Agreement to be signed which will lead to the settlement of an appeal that has been filed by Kilimapesa.

For further information visit www.goldplat.com, follow on twitter @GoldplatGDP or contact:

Werner Klingenberg	Goldplat plc (CEO)	Tel: [phone]
Colin Aaronson / Samantha Harrison / Ciara Donnelly	Grant Thornton UK LLP (Nominated Adviser)	Tel: [phone]
James Bavister / Andrew de Andrade	Zeus Capital Limited (Broker)	Tel: [phone]
Tim Thompson / Mark Edwards / Fergus Mellon	Flagstaff Strategic and Investor Communications	Tel: [phone] [e-mail]

 

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