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Papillon Holdings PLC - asset manager headquartered in London - For the first half of 2020, pretax loss narrows to GBP165,000 from GBP198,000 the year before.
Post-period, in mid-October Papillon said it was making progress towards completing transaction with Mayflower Capital Investments Pty Ltd, under which Papillon will acquire two gold assets located in Kenya and Congo Brazzaville. Parties confirm additional funding of around USD500,000 obtained from European-based investors, of which USD165,000 advanced to Goldplat PLC.
Current stock price: 1.33 pence
Year-to-date change: flat
By Dayo Laniyan; dayolaniyan@alliancenews.com
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