Business
Joint Venture Agreement with Lake Victoria Gold
Joint Venture Agreement with Lake Victoria Gold.
About this update from Focus Xplore Plc
[{"type":"text","content":"\n\n \n\n\n\n\n\n\n\n\n\n\n \n\n\n\n\n\n \n\n\n\nKatoro Gold plc (Incorporated in England and Wales)\n(Registration Number: 9306219)\nShare code on AIM: KAT\nISIN: GB00BSNBL022\n(\"Katoro\" or \"the Company\")\n \nDated: 03 January 2024\n \n \n \n \nKatoro Gold PLC ('Katoro' or the 'Company')\n \nUpdate on Imweru Gold Project\nJoint Venture Agreement with Lake Victoria Gold\n \nKatoro 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.\nThe Company has subsequently formally engaged with LVG on this matter and is awaiting their response and will update the market in due course.\n \nThis announcement contains inside information as stipulated under the Market Abuse Regulations (EU) no. 596/2014.\n**ENDS**\n \nFor further information please visit www.katorogold.com or contact:\n \n\n\n\n\nLouis Coetzee\n\n\[email protected]\n\n\nKibo Energy plc\n\n\nChief Executive Officer\n\n\n\n\nJames Biddle\nRoland Cornish\n\n\n+44 207 628 3396\n\n\nBeaumont Cornish Limited\n\n\nNominated Adviser\n\n\n\n\nNick Emmerson\nSam Lomanto\n\n\n+44 148 341 3500\n\n\nSI Capital Ltd\n\n\nBroker\n\n\n\n\nZainab Slemang van Rijmenant\n\n\[email protected]\n\n\nLifa Communications\n\n\nInvestor and Media Relations Consultant\n\n\n\n\n \n \n\n","length":5278,"tagName":"div"}]