Business
Annual Results 30 April 2023 & Notice of AGM
Annual Results 30 April 2023 & Notice of AGM.
About this update from Harena Rare Earths Plc
[{"type":"text","content":"\n\nCitius Resources Plc\n(\"Citius\" or the \"Company\")\n \nAnnual Report and Financial Statements for the year ended 30 April 2023\n \nThe Board of Citius Resources Plc is pleased to announce its Annual Report and audited financial results for the year ended 30 April 2023.\n \nThe Annual General Meeting will be held at 55 Athol Street, Douglas, Isle of Man, IM1 1LA at 10.00 am on 15 September 2023.\n \nThe Annual Report, Notice of Annual General Meeting & Proxy form will be posted to shareholders and available at the Company's website https://citiusresources.co.uk/\n \n \n\n\n\n\nCitius Resources Plc\n \n\n\nCameron Pearce\nTel: +44 (0)1624 681 250\[email protected]\n \n\n\n\n\nTavira Securities Limited\n \n\n\nJonathan Evans\nTel: +44 (0)20 7330 1833\[email protected]\n \n\n\n\n\nShard Capital Partners\n \n\n\nDamon Heath\nTel: +44 (0)20 7186 9927\[email protected]\n\n\n\n\n \nChairman Statement\nDear Shareholders,\nIt is with pleasure that your director presents the 2023 Annual Financial Report of Citius Resources Plc (the \"Company\").\nThe year saw the Company continue to pursue settlement of its transaction to acquire AUC Mining (U) Limited, the holder of the Kamalenge Gold Project (the \"Acquisition\") which is located in the Mubende Gold District in Uganda.\nThe Acquisition would constitute a Reverse Takeover under the listing rules and accordingly, the Company would apply for the re-admission of its shares to the Official List and Main Market of the London Stock Exchange.\nThe Kamalenge Gold Project is a highly exciting project given the exploration work to date and indications that it may host a high-grade gold project with the potential for near term production.\n \nWinton Willesee\nNon-Executive Chairman\n22 August 2023\n \nStrategic Report for the year ended 30 April 2023\nThe Directors present the Strategic Report of Citius Resources Plc for the year ended 30 April 2023.\nBusiness of the Company\nThe Company was incorporated on 15 April 2020 as a private company with limited liability under the laws of England and Wales under the Companies Act 2006 with registered number 12557958.\n \nThe Company was formed to undertake an acquisition of a target company or business. On 9 June 2022 the Company annou...