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IN BRIEF: Katoro Gold raises GBP150,000 in placing and subscription

3rd Apr 2023 15:34

Katoro Gold PLC - Gold and nickel exploration and development company - Raises GBP150,000 at 0.1 pence per share through a placing by SI Capital of GBP130,000 and director's subscription of GBP20,000, both of which will be used to fund the company's ongoing working capital requirements. Katoro has also issued GBP48,000 of new shares in settlement of accrued director fees outstanding.

Current stock price: 0.13p, up 6.3%

12 month change: down 81%

By Holly Beveridge, Alliance News reporter

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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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