TIDMGCAT

Caracal Gold PLC

07 December 2021

Caracal Gold plc / EPIC: GCAT / Market: Main / Sector: Mining

7 December 2021

Caracal Gold plc ('Caracal' or the 'Company')

Corporate Presentation Update

Caracal Gold plc, the gold producer with operations in East Africa, is pleased to announce the release of a new corporate presentation today outlining the acquisition of the Simba and Nyakafuru gold assets in Tanzania, which is now available on its website: www.caracalgold.com.

**ENDS**

For further information visit www.caracalgold.com or contact the following:

 
 Caracal Gold plc                   info@caracalgold.com 
  Gerard Kisbey-Green 
  Jason Brewer 
 Novum Securities Ltd               crowbury@novumsecurities.com 
  Joint Broker 
  Colin Rowbury 
                                   ----------------------------- 
 VSA Capital Ltd                    ipo@vsacapital.com 
  Financial Adviser and Joint 
  Broker 
  Andrew Raca / James Deathe 
                                   ----------------------------- 
 St Brides Partners Ltd             info@stbridespartners.co.uk 
  Financial PR 
  Isabel de Salis / Oonagh Reidy 
  / Isabelle Morris 
                                   ----------------------------- 
 DGWA, the German Institute for     info@dgwa.org 
  Asset and 
  Equity Allocation and Valuation 
  European Investor and Corporate 
  Relations Advisor 
  Stefan Müller / Katharina 
  Löckinger 
                                   -----------------------------

Notes

Caracal Gold plc is an emerging East African focused gold producer with a clear path to grow production and resources both organically and through strategic acquisitions. Its aim is to rapidly increase production to +50,000ozs p.a. and build a JORC compliant resource base of +3Moz within 12-18 months from its listing in August 2021. To this end, it is progressing a well-defined mine optimisation strategy at its 100% owned Kilimapesa Gold Mine in Kenya, where there is significant mid-term expansion potential and ability to increase gold production to 25,000oz p.a. and the resource to +2Moz (current JORC compliant resources of approx. 671,000oz). Additionally, its experienced team, with proven track record in successfully developing and operating mining projects throughout Africa, is reviewing other complementary and strategically located gold mine and development projects in East Africa.

Caracal is a responsible mining and exploration company and supports the positive social and economic change that it contributes to the communities in the regions that it operates. It is a proudly East African-focused company: it buys locally, employs locally, and protects the environment and its employees and their families' health, safety, and wellbeing. Caracal's shares are quoted on the Main Market of the London Stock Exchange (LON: GCAT) and on the Frankfurt Stock Exchange (FSE: 6IK); a listing on the Nairobi Securities Exchange is underway.

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END

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December 07, 2021 02:00 ET (07:00 GMT)

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