12th Nov 2015 10:24
LONDON (Alliance News) - Goldplat PLC on Thursday said it has received USD1.4 million in cash from the backlog material it recently sold to Aurubis AG.
The funds will allow Goldplat to make payments to two gold materials suppliers in Ghana, where its Gold Recovery Ghana unit is based.
It has also entered into a pre-payment agreement with Auramet International LLC to accelerate the receipt of the funds owed by Aurubis.
Shares in Goldplat were up 7.7% to 3.5 pence on Thursday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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