16:12 Thu 03 Sep 2020
Goldplat plc - Update on the sale of Kilimapesa Pty Limited
Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration
('Goldplat', the 'Group' or 'the Company')
Update on the sale of
As announced on
The Company can now confirm that UKco is Papillon Holdings plc (LSE: PPHP) ("Papillon"), which has today announced a binding Heads of Agreement for the reverse takeover of Mayflower, including Kilimapesa, and the re-admission of Papillon to the Standard Listing Segment of the
Furthermore, Mayflower has paid the
The terms of the agreement between GMR and Mayflower remain unchanged and the agreement is subject to a number of conditions precedent including the completion of due diligence to be conducted by both Mayflower and GMR, the receipt of all necessary approvals, the finalising of formal agreements and the raising of equity by Papillon of at least
For further information visit www.goldplat.com, follow on Twitter @GoldPlatPlc or contact:
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Tel: +27 (0) 82 051 1071 |
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Tel: +44 (0) 20 7383 5100 |
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Tel: +44 (0) 207 220 1666 |
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