Dow Jones Africa Titans 50 Index

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Market Closed - USA 05:55:08 2024-05-03 pm EDT			5-day change	1st Jan Change
466.4 ^PTS	+1.36%		+2.76%	+3.82%

May. 03	Why will global powers be watching Chad's election?	RE
May. 03	FTSE 100 gets boost as investors eye rate cuts	AN

Caracal Gold announces loan agreement with CSS Alpha Global

January 19, 2024 at 01:02 pm EST

Caracal Gold PLC - East Africa-focused gold producer - Enters loan agreement for USD250,000 with CSS Alpha Global Pte Ltd with a 12-month term. Loan carries interest of 3% per month, and will be repaid in nine equal instalments after a three-month grace period. Chief Executive Officer Robbie McCrae has secured the loan with a personal guarantee for 50% of the principal amount. Lender's parent company will receive 13.0 million shares in Caracal as part of the transaction. Caracal will use funds for working capital at its Kilimapesa gold mine and for various corporate costs.

Current stock price: 0.27 pence

12-month change: down 99%

By Emma Curzon, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
DOW JONES AFRICA TITANS 50 INDEX	466.4 PTS	+1.36%	+2.76%	-
S&P AFRICA 40 INDEX	159.5 PTS	+2.17%	+4.45%	-
CARACAL GOLD PLC	0.275 GBX	-.--%	-.--%	7.67M

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