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Caracal Gold PLC ( (GB:GCAT) ) has provided an update.
Caracal Gold PLC has announced an amendment to its Convertible Loan Note facility, extending the deadline for its re-listing on the London Stock Exchange to 30 November 2025. This extension comes as the company continues its recapitalization efforts and progresses with its Prospectus, having already drawn over 50% of the available funds to meet creditor payments in Kenya and cover costs associated with the Prospectus in the UK.
More about Caracal Gold PLC
Caracal Gold PLC is an East African-focused gold company headquartered in Nairobi, Kenya, with a strategy to expand gold production and resources through organic growth and strategic acquisitions in Kenya, Tanzania, Uganda, Eritrea, and Burundi. The company is committed to responsible mining and exploration, contributing to social and economic development in the communities where it operates, while prioritizing local employment, environmental protection, and the health and safety of its employees and their families.
Technical Sentiment Signal: Sell
Current Market Cap: £5.41M
Find detailed analytics on GCAT stock on TipRanks’ Stock Analysis page.