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Roscan Gold accelerates drill program; land acquisitions and executive appointments

Roscan Gold accelerates drill program; land acquisitions and executive appointments
A drill crew poses for a picture at the Kandiole project in Mali. Photo credit: Roscan Gold.
Since the beginning of the year,
Roscan Gold (TSXV: ROS; US-OTC: RCGCF) has enlarged its land package around its Kandiole project in western Mali from about 250 sq. km to a little over 400 sq. km; completed over 30,000 metres of drilling; and says it’s on track and fully funded to undertake a total of at least 100,000 metres during the course of the full 12 months.
“It will be a newsy year because we’re drilling through the rainy season,” says Nana Sangmuah, the company’s president and CEO. “We were the first to do that in Mali last year and so we should be doing more drilling culminating in a resource estimate in the fourth quarter then commencing engineering studies.” ....

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Gateway Real Estate Africa and Appolonia City announce USD 4 million office development in Ghana

Construction of the 4-storey building is set to commence soon, with an anticipated completion in 2022. It will benefit from Appolonia City’s existing world-class infrastructure, such as roads, power, water, waste management and ICT.
“We are pleased to partner with Appolonia City on our first office building in Ghana. Like all our real estate solutions across Africa, Appolonia City’s office building will have quality leases and strong counterparties, starting with Appolonia City itself,” commented Andre Janari, GREA Chief Investment Officer.
Appolonia City CEO Bright Owusu-Amofah said: “We are delighted to welcome Gateway Real Estate Africa to Appolonia City to develop the first office building. We already have high demand for office and retail space from companies and individuals wishing to enjoy our Live, Work, Play environment, with offices, homes, schools and shops all within walking distance.” ....

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Investegate |Helios Towers PLC Announcements | Helios Towers PLC: 2021 Annual General Meeting Results

A
Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
1. Obtains access to the information in a personal capacity;
2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so; ....

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Investegate |Helios Towers PLC Announcements | Helios Towers PLC: Final Results

2. Calculated as net debt divided by last quarter annualised Adjusted EBITDA for the period.

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Full year Group revenue increased by 7% year-on-year to US$414.0m (2019: US$387.8m), driven by the continued growth in the number of sites and tenancies across the Group.
o
Q4 2020 Group revenue increased by 2% quarter-on-quarter to US$106.1m (Q3 2020: US$103.6m).

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Full year Adjusted EBITDA increased by 10% year-on-year to US$226.6m (2019: US$205.2m), driven by tenancy growth and continued improvements in operational efficiency, with Adjusted EBITDA margin expanding to 55% (2019: 53%), up 2ppts.
o
Q4 2020 Adjusted EBITDA increased by 5% quarter-on-quarter to US$60.1m (Q3 2020: US$57.4m).

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Full year operating profit increased by US$60.8m year-on-year to US$56.3m (2019: US$-4.5m). ....

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