JOHANNESBURG (miningweekly.com) – Asset management group Fidelity Worldwide Investment has purchased 16.84-million shares in Aim-listed gold producer Goldplat.
This represented 10% of the gold miner’s issued share capital.
Goldplat CEO Russell Lamming said Fidelity’s share purchase demonstrated the company’s significant upside potential.
“We are delighted to welcome Fidelity to our shareholder register. This endorses our belief that Goldplat offers shareholders good prospects through its robust cashflow generation and ability to self-fund the sustainable growth of gold recovery operations in Africa, while rewarding shareholders with progressive dividend and share buy-back policies.”