TIDMGCAT

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 
  Financial Adviser and Broker 
  Andrew Raca (Corporate Finance)    +44 203 005 5000 
                                    ------------------------ 
 DGWA, the German Institute for      info@dgwa.org 
  Asset and 
  Equity Allocation and Valuation 
  European Investor and Corporate 
  Relations Advisor 
  Katharina Löckinger 
                                    ------------------------

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END

MSCBIBDGDXXDGXB

(END) Dow Jones Newswires

November 01, 2023 03:00 ET (07:00 GMT)

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