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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 ....

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New Migori gold miner in Sh218m expansion plans

New Migori gold miner in Sh218m expansion plans
businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.

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Papillon Holdings Plc (LSE:PPHP) | RNS | Papillon Holdings - Transaction Update

Papillon Holdings plc, the
London listed investment company, is pleased to provide an update relating to the Company s agreement with Mayflower Capital Investments Pty Limited ( Mayflower ) on the purchase of the
Kilimapesa Gold Mine in
Kenya ( Kilimapesa or the Mine ) (the Transaction ). The completion of the Transaction is a key component of the Company s planned re-admission to the Official List by way of a Reverse Take Over ( RTO ) and to trading on the Standard Segment of the Main Market of the London Stock Exchange and contemporaneous dual listing on the Frankfurt Stock Exchange.

Further to the announcement dated
26 March 2021, Papillon has been advised that Mayflower has now completed the acquisition of Kilimapesa Gold Pty Limited from Gold Mineral Resources ( GMR ), the AIM listed subsidiary of Goldplat plc ( Goldplat ) (the Acquisition ). The Acquisition has been completed through Mayflower s wholly owned and ....

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Goldplat complete sale of Kilimapesa Gold

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Goldplat plc, an AIM quoted gold producer with international gold recovery operations located in South Africa and Ghana, has announced that all conditions precedent in respect of the sale of Kilimapesa, which owns the Kilimapesa Gold Mine in Kenya, to Mayflower Gold Investments Limited, have been either met or waived and that the sale of Kilimapesa (the transaction) is now complete. The completion of the transaction will enable Goldplat to focus on its recovery operations and Mayflower Gold s parent company Mayflower Capital Investments Pty Limited to accelerate its investment into Kilimapesa.
In order to enable early completion of the transaction, both parties agreed to waive the requirement that Papillon Holdings plc completes its proposed reverse takeover of Mayflower Gold (RTO) and re-admission to trading on the London Stock Exchange (LSE). ....

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Today's Market View - Goldplat, Chaarat Gold, KAZ Minerals and more...

Today's Market View - Goldplat, Chaarat Gold, KAZ Minerals and more...
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

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