REG - Goldplat plc - Kenya Tax Liability

GoldplatAnnouncement

16/08/2024 16:30

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RNS Number : 8169A  Goldplat plc  16 August 2024

Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration

 

16 August 2024

Goldplat plc

('Goldplat', the 'Group' or 'the Company')

 

 

 

Kenya Tax Liability

 

Goldplat plc, (AIM: GDP) the AIM listed Mining Services Group, with
international gold recovery operations located in South Africa and Ghana,
servicing the African and South American Mining Industry, announces that it is
involved in a process of arbitration dispute resolution ("ADR") in Kenya with
respect to a claim that has been brought forward against Kilimapesa Gold (Pty)
Limited ("Kilimapesa"), a subsidiary of Caracal Gold Plc ("Caracal Gold"), as
agent of Gold Minerals Resources Limited ("subsidiary of Goldplat Plc"),
regarding the sale of Kilimapesa by Gold Minerals Resources Limited to Caracal
Gold.

 

Per the ADR, the Company has agreed to settle USD320,000 and is waiting for
the ADR Agreement to be signed which will lead to the settlement of an appeal
that has been filed by Kilimapesa.

 

 

For further information visit www.goldplat.com, follow on twitter @GoldplatGDP
or contact:

 Werner Klingenberg                                   Goldplat plc                                     Tel: +27 (0) 82 051 1071

                                                      (CEO)

 Colin Aaronson / Samantha Harrison / Ciara Donnelly  Grant Thornton UK LLP                            Tel: +44 (0) 20 7383 5100

                                                      (Nominated Adviser)
 James Bavister / Andrew de Andrade                   Zeus Capital Limited (Broker)                    Tel: +44 (0) 207 220 1666

 Tim Thompson / Mark Edwards / Fergus Mellon          Flagstaff Strategic and Investor Communications  Tel: +44 (0) 207 129 1474

                                                                                                       goldplat@flagstaffcomms.com

 

 

 

 

 

 

 

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