Citigold Affirms Financial Health and ASX Listing

Citigold Corporation Limited (AU:CTO) has released an update.

Citigold Corporation Limited confirms that its full-year report adheres to accounting standards, providing a fair view of its financial performance. The company’s main asset, the Charters Towers Gold Project, remains a substantial asset with no impairment indicators, supporting its continued listing on the ASX. Despite a negative working capital position, Citigold is confident in its financial health backed by significant net assets of $96.5 million.

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