An update from Katoro Gold PLC ( (GB:KAT) ) is now available.
Katoro Gold PLC has announced an update on its fundraising efforts, with the issuance of 595,000,000 Ordinary Shares through a placing at 0.05p per share, raising £297,500. The company expects the shares to be admitted to trading on AIM around 6 March 2025, increasing the total number of shares to 2,229,420,573. This move is part of Katoro’s strategy to bolster its financial resources for ongoing and future projects, potentially impacting shareholder interests as per FCA’s Disclosure and Transparency Rules.
More about Katoro Gold PLC
Katoro Gold PLC is a strategic energy and precious minerals exploration and development company, focusing on the exploration and development of energy resources and precious minerals.
YTD Price Performance: -38.33%
Average Trading Volume: 7,352,538
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £598.7K
For detailed information about KAT stock, go to TipRanks’ Stock Analysis page.