REG - Caracal Gold PLC - Delay to Publication of Annual Report and Accounts

Caracal GoldAnnouncement

01/11/2023 07:15

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RNS Number : 9408R  Caracal Gold PLC  01 November 2023

Caracal Gold plc

('Caracal' or the 'Company')

Delay to Publication of Annual Report and Accounts

Further to the announcement on 24 October 2023 regarding the Delay to
Publication of Annual Report and Accounts, Caracal is clarifying the reason
for delay in publication.

 

The Company has made good progress on the audit for the year ended 30 June
2023. However, due to a lack of internal resource, difficulty in arranging
field work with the Company's auditors, the reduced number of auditors willing
to undertake work for Public Interest Entities ("PIE") (such as the Company)
and the Company's own cash constraints, the Company is unable to complete its
audit within the required timeframe. The Company has since raised further
funds and taken on further consultants to assist the Company to meet its
reporting obligations going forward.

 

**ENDS**

 

 Caracal Gold plc

 Simon Grant Rennick

 Robbie McCrae                                       robbie@kilimapesa.com
 VSA Capital Limited                                 +44 203 005 5000

 Financial Adviser and Broker

 Andrew Raca (Corporate Finance)

 DGWA, the German Institute for Asset and            info@dgwa.org (mailto:info@dgwa.org)

 Equity Allocation and Valuation

 European Investor and Corporate Relations Advisor

 Katharina Löckinger

 

 

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