IN BRIEF: Katoro Gold raises GBP150,000 in placing and subscription

Mon, 03rd Apr 2023 15:34

Katoro Gold PLC - Gold and nickel exploration and development company - Raises GBP150,000 at 0.1 pence per share through a placing by SI Capital of GBP130,000 and director's subscription of GBP20,000, both of which will be used to fund the company's ongoing working capital requirements. Katoro has also issued GBP48,000 of new shares in settlement of accrued director fees outstanding.

Current stock price: 0.13p, up 6.3%

12 month change: down 81%

By Holly Beveridge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Related Shares

More News

17 Apr 2024 13:55

Katoro Gold shares fall despite Haneti project advancements

(Alliance News) - Katoro Gold PLC shares fell on Wednesday, after it updated shareholders on projects, contracts, and new executives.

17 Apr 2024 09:08

Katoro Gold reports progress on multiple fronts

(Sharecast News) - Katoro Gold said in an update on Wednesday that at the Haneti Project, it had conducted a series of technical meetings and reviews ...

19 Mar 2024 16:17

EARNINGS AND TRADING: Pebble doubles dividend despite reduced profit

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reporte...

29 Feb 2024 13:11

Katoro formally appoints Power Metal CEO as new non-executive chair

(Alliance News) - Katoro Gold PLC on Thursday appointed Sean Wade as non-executive chair with immediate effect

15 Feb 2024 14:00

IN BRIEF: Katoro Gold names Power Metal CEO as new chair

Katoro Gold PLC - London-based gold and nickel exploration and development company - Proposes hiring Sean Wade, chief executive officer of Power Metal...