Katoro Gold (LON:KAT)

Katoro Gold (LON:KAT)


Share Price
1.20 p
Change
0.15 (14.29 %)
Market Cap
£2.00 m
Proactive Investors - Run By Investors For Investors

Katoro Gold

Katoro Gold PLC is an AIM quoted Tanzania focused gold and mineral exploration and development company. It currently has three projects and aims to further diversify its portfolio through the acquisition of new projects; it’s strong management team with significant in-country and sector experience is key in this strategy.

EPIC: KAT
Market: AIM:KAT
52-week High/Low: 1.800p / 0.310p
Sector: Nonequity Investment Instruments
Market Cap: £2.00 m
Website: katorogold.com
col 3
col 4
col 5
col 6

Katoro Gold Snapshot

Based on a deep understanding of and significant hands-on experience in the minerals and mining industry, with specific focus to Tanzania, the Company is geared to unlock project value-based cost effective operational implementation and ongoing management; long standing relationship with the value chain of service providers; and long-standing relationship with regulators and government. With this background, it aims to identify and acquire value accretive opportunities to build a Tanzania focused gold and mineral exploration and development company. It currently has three projects in development, and the board is evaluating a number of other projects in Tanzania and internationally.

LOUIS COETZEE
Executive Chairman

Louis has over 25 years’ experience in business development, promotion and financing in both the public and private sectors. In recent years, he has concentrated on the exploration and mining area where he has founded, promoted and developed several junior mineral exploration companies based mainly on Tanzanian assets. Previous roles include Vice-President of Canadian listed Great Basin Gold (TSX: CBG) whilst other current roles include CEO of Kibo Mining plc (AIM and AltX listed). Louis has tertiary qualifications in law and languages, project management, supply chain management and an MBA from Bond University (Australia) specialising in entrepreneurship and business planning and strategy.

 

LOUIS SCHEEPERS
Non-Executive Director

Louis is an experienced project manager with more than 19 years’ experience of practical project development and execution in the mining and extractive industry. He has gained valuable experience in mineral exploration, feasibility studies and greenfield mining projects, spending much time in South, Central and East Africa, as well as the Middle East. Other positions he has held include CEO of Mzuri Exploration Services Ltd as well as the executive responsible for project development at TSX, NYSE and JSE listed Great Basin Gold Ltd after completing a stint as mining consultant.

 

MYLES CAMPION
Non-Executive Director

Myles has a comprehensive background in all technical and financial facets of the resources sector, specialising internationally in resource evaluation and project assessment. This follows a 10-year career as an exploration and mine site geologist in Australia covering base metals and gold. He holds a BSc (Hons) in Geology from University of Wales College, Cardiff and an MSc (MinEx) from the Royal School of Mines in London, and also holds a Graduate Diploma of Business (Finance).
His financial experience ranges from Australian and UK equities research through to project and debt financing in London, covering the entire spectrum of mining companies with an extensive knowledge of the global resources market covering the three main bourses, the Toronto Stock Exchange, AIM and the ASX. This knowledge was applied effectively as a Fund Manager at Oceanic Asset Management, where he managed the Australian Natural Resources Fund, an Open-Ended Investment Company (OEIC) traded in London, steering the fund to an outperforming 50 per cent. return over five years.

 

PAUL DUDLEY
Non-Executive Director

Paul is a Fellow of the Chartered Institute of Accountants of England and Wales and is a Member of the UK’s Chartered Institute of Securities and Investment. He co-founded HD Capital Partners Ltd in 2010, a corporate advisory business that is authorised and regulated by the UK’s Financial Conduct Authority. Whilst at stockbroking firm WH Ireland, Paul acted as the corporate finance adviser on numerous flotations, fundraisings and provided advice on takeovers and other transactions in the private and public arena.
Earlier in his career, Paul was seconded to the listing department of the London Stock Exchange and he also worked at Sigma Capital plc, a venture capital investment firm, where he advised on investment into emerging growth companies. He began his career at PriceWaterhouseCoopers.

 

LUKAS MARTHINUS (TINUS) MAREE
Non-Executive Director

Tinus is a lawyer by profession. He has served on the boards of a number of public companies including Kibo Mining plc., Goldsource Mines Limited, Africo Resources Limited and Diamondworks Limited that have made significant successful investments in exploration projects in Africa and North America, and has more recently served as the CEO of private investment companies Rusaf Gold Limited and Mzuri Capital Group Limited, both of which have successfully developed and sold mineral projects in Russia and Tanzania in the last seven years. He was also a founder principal of River Group, Designated Advisors to the listing of Kibo on the JSE and was responsible for its Canadian office until his retirement from the group in 2013 to pursue personal interests.

he company’s issued share capital consists of 149,447,825 ordinary shares (there are no treasury shares).

The percentage of AIM securities that is not in public hands in 57.5%.

The holdings of significant shareholders (being those interested in 3% or more of the issued share capital) are as follows:

Name of Shareholder Number of Shares Percentage of issued share capital
Kibo Energy plc 82,987,179 55.53%
Pelamis Investments Limited 6,166,667 4.13%
David Steinepreis 5,596,153 3.74%
Yakoub Yakoubov 4,900,000 3.28%

There are no restrictions on the transfer of the company’s ordinary shares.

This information was last updated on 13.12.18.

Katoro Gold PLC
60 Gracechurch Street, London EC4V OHR UK


Email:
[email protected]

NOMINATED AND FINANCIAL ADVISER
Strand Hanson Limited
26 Mount Row
London
W1K 3SQ

 

BROKER
SVS Securities
20 Ropemaker St
London
EC2Y 9AR

 

COMPANY SECRETARY
Ben Harber
Shakespeare Martineau LLP
6th Floor
60 Gracechurch Street
London
EC3V OHR

 

LAWYER
Fladgate LLP
Fladgate LLP
16 Great Queen Street
London
WC2B 5DG

 

Katoro Gold PLC
60 Gracechurch Street, London EC4V OHR UK


Email:
[email protected]

 

Columns Including KAT

VIEW ALL

Market Reports Including KAT

VIEW ALL

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use