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Papillon Holdings Plc (LSE:PPHP) | RNS | Papillon Holdings


As reported in the interim accounts, on
3 September 2020, the company announced that it had signed a binding Heads of Agreement (the Agreement ) with Mayflower Capital Investments Pty Limited ( Mayflower ) to acquire certain contractual gold production and exploration rights held by Mayflower in
Republic of Kenya and in Congo Brazzaville. These rights are held by Mayflower through a special purpose vehicle, Mayflower Gold Limited which is incorporated in the
United Kingdom. 
 
Under the Agreement, the Company will acquire 100% of the share capital of Mayflower Gold and the options it holds to acquire: (a) 100% of the share capital of Kilimapesa Gold Pty Limited, which holds a 100% interest in the ....

United Kingdom , Nairobi Area , City Of , Republic Of Kenya , Charles Tatnall , James Longley , Stranger Holdings , Fandango Holdings , European Union , Space Cloud , Mayflower Capital Investments Pty Limited , Mayflower Gold , Odessa Ventures , International Accounting Standards Board , St Brides Partners , London Stock Exchange , International Financial Reporting Standards , Plutus Energy , Pace Cloud Limited , United Kingdom Listing Authority , Papillon Holdings Plc , Kilimapesa Gold Pty , Company To Odessa , Company Registration No , Papillon Holdings , Mayflower Gold Limited ,

Investegate |Papillon Holdings Announcements | Papillon Holdings: Final Results


 
Chief Executive s Report
As reported in the interim accounts, on 3 September 2020, the company announced that it had signed a binding Heads of Agreement (the Agreement ) with Mayflower Capital Investments Pty Limited ( Mayflower ) to acquire certain contractual gold production and exploration rights held by Mayflower in Republic of Kenya and in Congo Brazzaville. These rights are held by Mayflower through a special purpose vehicle, Mayflower Gold Limited which is incorporated in the United Kingdom. 
 
Under the Agreement, the Company will acquire 100% of the share capital of Mayflower Gold and the options it holds to acquire: (a) 100% of the share capital of Kilimapesa Gold Pty Limited, which holds a 100% interest in  ....

United Kingdom , Nairobi Area , City Of , Republic Of Kenya , Charles Tatnall , James Longley , Stranger Holdings , Fandango Holdings , European Union , Space Cloud , Mayflower Capital Investments Pty Limited , Mayflower Gold , Odessa Ventures , International Accounting Standards Board , St Brides Partners , London Stock Exchange , International Financial Reporting Standards , Plutus Energy , Pace Cloud Limited , United Kingdom Listing Authority , Papillon Holdings Plc , Kilimapesa Gold Pty , Company To Odessa , Company Registration No , Papillon Holdings , Mayflower Gold Limited ,