Update on the sale of Kilimapesa

Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration

18 February 2021

Goldplat plc ('Goldplat' or 'the Company')

Update on the sale of Kilimapesa

Goldplat plc, the AIM quoted gold producer, with international gold recovery operations located in South Africa and Ghana, is please to refer you to announcement of this morning by Papillon Holdings Plc (LON: PPHP) ("Papillon"), indicating that Papillon has submitted its prospectus to the FCA and which also includes an update on the sale of Kilimapesa.

The Company also announces that Gerard Kisbey-Green, a non-executive director of the Company, will be a proposed director of Papillon following the completion of the transaction.

Werner Klingenberg, CEO of Goldplat commented: "I am pleased to see the progress made by Papillon for its re-admission to the Main Market, as well as the transaction on all fronts".

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For further information visit www.goldplat.com, follow on Twitter @GoldPlatPlc or contact:

Werner Klingenberg Goldplat plc (CEO) Tel: +27 (82) 051 1071
Colin Aaronson / Richard Tonthat / Ben AO Roberts Grant Thornton UK LLP (Nominated Adviser) Tel: +44 (0) 20 7383 5100
James Joyce / Jessica Cave / Lydia Zychowska WH Ireland Limited (Broker) Tel: +44 (0) 207 220 1666
Tim Thompson / Mark Edwards / Fergus Mellon Flagstaff Strategic and Investor Communications Tel: +44 (0) 207 129 1474
goldplat@flagstaffcomms.com