Katoro Gold Regulatory News (KAT)

Katoro Gold plc (Incorporated in England and Wales)

(Registration Number: 9306219)

Share code on AIM: KAT

ISIN: GB00BSNBL022

("Katoro" or "the Company")

24 December 2020

Katoro Gold plc ('Katoro' or the 'Company')

Posting of Circular and Notice of General Meeting

Katoro Gold PLC (AIM: KAT), the gold and nickel exploration and development company, announces that it will be posting a circular today (the "Circular") containing a notice of a general meeting (the "General Meeting") to shareholders. The General Meeting will be held at 412 Pebble Beach Building, Somerset Links Office Park, De Beers Avenue, Somerset West, Western Cape, South Africa, 7130 on 15 January 2021 at 10.00 a.m.

The Company is seeking shareholder approval to increase its authorities to issue and allot shares in respect of the Placing, as announced on 22 December 2020, and cover further possible fundraises / corporate actions that may require the issue and allotment of shares, prior to the Company's AGM in 2021. The purpose of the General Meeting is to seek shareholder approval for an increase in these share authorities.

A copy of a Circular and form of proxy will be available to download from the Company's website at www.katorogold.com and extracts from the circular are set out below.

In light of the Government's advice surrounding social distancing, it has become necessary to restrict physical participation at the General Meeting in line with the Company's Articles of Association and current guidance and legislation.

The General Meeting will be kept as concise and efficient as possible and physical attendance will be limited to the minimum number of persons to ensure the meeting is quorate and to conduct the business of the meeting. Shareholders will still be able to ask questions by email ahead of the meeting and may have limited participation at the meeting itself through an ability to listen to proceedings via a conference telephone facility. As such, Shareholders are invited to:

1. submit any questions in advance of the General Meeting. Any specific questions on the business of the General Meeting and Resolutions can be submitted ahead of the General Meeting by e-mail to ben.harber@shma.co.uk (marked for the attention of the Company Secretary).

2. participate remotely in the General Meeting, if desired, via a conference telephone facility, details of which will be provided in advance of the meeting. Shareholders wishing to attend should register their interest with the Company beforehand via the following email address: ben.harber@shma.co.uk. Information and instructions detailing how Shareholders may dial in to the General Meeting will also be made available on the Company website closer to the date of the General Meeting at http://www.katorogold.com/ 

Shareholders who wish to vote are strongly encouraged to submit their votes by proxy as soon as possible and, in any event, by no later than 10:00 a.m. on 13 January 2021. Details of how to appoint a proxy are set out in the guidance notes to the General Meeting notice. Given the limitations on physical participation, the Company recommends that Shareholders appoint the Chairman of the meeting as their proxy, as physical attendance at the meeting by others will be restricted in line with the Company's Articles of Association and current guidance and legislation.

**ENDS**

For further information please visit www.katorogold.com or contact: