Katoro Gold PLC Joint Venture Agreement with Lake Victoria Gold (4387Y)

TIDMKAT

RNS Number : 4387Y

Katoro Gold PLC

03 January 2024

Katoro Gold plc (Incorporated in England and Wales )

( Registration Number: 9306219)

Share code on AIM: KAT

ISIN: GB00BSNBL022

("Katoro" or "the Company")

Dated: 03 January 2024

Katoro Gold PLC ('Katoro' or the 'Company')

Update on Imweru Gold Project

Joint Venture Agreement with Lake Victoria Gold

Katoro Gold PLC (AIM : KAT), the strategic and precious minerals exploration and development company, announces that in terms of the Joint Venture Agreement ('Agreement') with Lake Victoria Gold to develop the Imweru Gold Project as announced on 7 March 2022, (RNS Nr 8292D dated 7 March 2022 ) LVG has to date not provided any proof of payment of the agreed Capital Contribution, payable on or before 31 December 2023 , commensurate with the Agreement referred to above.

The Company has subsequently formally engaged with LVG on this matter and is awaiting their response and will update the market in due course.

This announcement contains inside information as stipulated under the Market Abuse Regulations (EU) no. 596/2014.

**ENDS**

For further information please visit www.katorogold.com or contact:

 
 Louis Coetzee                  info@kibo.energy               Kibo Energy plc            Chief Executive Officer 
 James Biddle                   +44 207 628 3396               Beaumont Cornish Limited   Nominated Adviser 
  Roland Cornish 
                               -----------------------------  -------------------------  ----------------------------- 
 Nick Emmerson                  +44 148 341 3500               SI Capital Ltd             Broker 
  Sam Lomanto 
                               -----------------------------  -------------------------  ----------------------------- 
 Zainab Slemang van Rijmenant   zainab@lifacommunications.co   Lifa Communications        Investor and Media Relations 
                                m                                                         Consultant 
                               -----------------------------  -------------------------  -----------------------------

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END

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