Nara Completion Extended

Summary by AI ^BETAClose X

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.

Disclaimer*

Kavango Resources PLC

09 December 2025

PRESS RELEASE

9 December 2025

KAVANGO RESOURCES PLC

("Kavango" or "the Company")

Nara Completion Extended

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.

Further information in respect of the Company is provided on the Company's website at www.kavangoresources.com.

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

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