Short delay to publication of financial results
Financial results delayed pending auditor query on deferred tax accounting treatment dating to 2019.
vs expectations: in line
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St Helier, March 21, 2025: Caledonia Mining Corporation Plc (ÒCaledoniaÓ or Òthe CompanyÓ) announces that in the course of finalising CaledoniaÕs financial statements for the year ended December 31, 2024, the auditors have raised a query regarding the accounting treatment of deferred tax dating back to 2019. The Company is working diligently with its auditors to assess and evaluate the implications of this query. In any event, the outcome of the query will have no impact on the CompanyÕs cash position.
Consequently, the publication of CaledoniaÕs audited financial statements for the year ended December 31, 2024 will be delayed until this matter is resolved, but they are expected to be published no later than March 31, 2025.
As the accounting issue in question is non-cash in nature, the Board expects the underlying performance of the Company for the year ended December 31, 2024 to be in line with previous guidance and market expectations.
Chester Goodburn will remain in his role as CFO for an additional week and step down on March 31, 2025, following the publication of CaledoniaÕs financial results for the year to December 31, 2024.
Revised Conference Call Date:
Due to the delay in publication of the CompanyÕs audited financial results, the presentation for analysts and investors will be held on March 31, 2025 at 2:00pm London time, followed by an opportunity to ask questions.
Details:
When: March 31, 2025 at 2:00pm London time
Topic: Full Year and Q4 2024 Results Call for Investors
Register in advance for this webinar:
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.