Goldplat has announced it has completed the sale of the Kilimapesa Gold Mine in Kenya. Goldplat will receive $1.5m to be satisfied by cash or the issue of shares to that value in Papillion Holdings plc (LSE: PPHP – which will be renamed Caracal Gold upon completion) upon the admission to trading on the standard list of the London Stock. Of the $1.5m purchase price, a minimum of 30% ($0.45m) will be payable in cash and the rest in shares. If Papillion is not admitted to trading on the LSE by 1 ....
