Nara Completion Extended
Kavango Resources plc has extended the completion date for its acquisition of the Nara Gold Project in Zimbabwe to 27 February 2026, a move intended to facilitate the finalisation of legal formalities, with both parties remaining committed to the transaction.
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Kavango Resources plc (LSE:KAV, VFEX:KAV.VX), the Southern Africa focused metals exploration and gold production company, announced on 1 July 2025 that the Company had exercised the option to acquire 100% of the Nara Gold Project, Zimbabwe, consisting of 45 claims ("Nara").
Kavango and the Seller (the "Parties") have agreed to extend completion to 27 February 2026, to facilitate finalisation of the legal formalities. Both Parties remain committed to completion and the execution of the Nara sale and purchase agreement as soon as possible.
| Kavango Resources plc (Executive Chairman & Interim CEO) Peter Wynter Bee +44 7973 818125 | Shard Capital Partners LLP (Corporate Broker) Damon Heath +44 207 186 9952 | BlytheRay (Financial PR) Tim Blythe/Megan Ray/Said Izagaren kavango@blytheray.com +44 207 138 3204 |
| Inter-Horizon Group (Sponsoring Broker - Zimbabwe) Lloyd Mlotshwa lmlotshwa@ih-group.com | Nurture Advisory (Private) Limited ( Arrangers - Zimbabwe) Zinzi Mlambo- Ziki zinzi.ziki@nurtureinvest.com |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.