Altona Rare Earths Plc - Notification in Change in Shareholding
PR Newswire
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer
and to the FCA in Microsoft Word format if possible)
i
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached
ii
Altona Rare Earths Plc
1b. Please indicate if the issuer is a non-UK issuer (please mark with an X if appropriate)
Non-UK issuer
An acquisition or disposal of voting rights
x
An event changing the breakdown of voting rights
Other (please specify)
iv
City and country of registered office (if applicable)
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Goldplat plc, an AIM listed gold producer with international gold recovery operations located in South Africa and Ghana, has announced an operational update for the 9 months ended 31 March 2021 (9M21).
The recovery operations achieved a combined operating profit 9M21 of £4 220 000 (31 March 2020: £3 802 000) and a combined operating profit in the 3Q21 of £1 165 000 (3Q20: £1 053 000).
The Ghana operations continue to perform well as a result of steady supply of material and achieved an operating profit for 3Q20 of £687 000 (3Q20: £210 000). The South African operation achieved an operating profit for 3Q21 of £575 000 (3Q20: £843 000).
The following events have contributed to 3Q20’s operating results:
Ghana
There was continued good supply of material from regular clients during the period, which included two large batches from different clients.
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Goldplat plc, an AIM quoted gold producer with international gold recovery operations located in South Africa and Ghana, has provided an update relating to the sale of the Kilimapesa Gold Mine in Kenya (the transaction).
The company is pleased with the substantial progress that has been achieved over the past month in satisfying a number of key conditions of the transaction. These include: receipt of government consent and approval of the transaction; the execution by all parties of a formal share purchase agreement (SPA); and the submission by Papillon Holdings Plc of the prospectus to the Financial Conduct Authority (FCA), under which Mayflower Capital Investments Pty Ltd will complete its reverse takeover of Papillon and complete the transaction with the Group.
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THE STANDARD By
Macharia Kamau |
January 7th 2021 at 09:38:33 GMT +0300
UK’s gold mining firm Goldplat has put off the sale of its gold mine in Narok County to the end of February.
Goldplat had initially expected to complete the sale of the Kilimapesa Goldmine to Mayflower Capital Investments Pty Ltd in October, but this was extended to December.
This, however, did not happen, and the firm, in a January 4 statement, said the transaction would now be concluded by February 28.
The miner, which is listed at the Alternative Investments Market (AIM) at the London Stock Exchange (LSE), started the search for a buyer for the gold mine in 2018.