KODAL MINERALS PLC

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. Year-on-year comparison hidden: this filing covers about 9 months versus 12 months prior. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. KODAL MINERALS PLC 2013-12-19 → present
2. KODAL MINERALS LIMITED 2013-07-08 → 2013-12-19
3. CLEARPHOS LIMITED 2011-03-14 → 2013-07-08
4. LSNR LIMITED 2010-04-13 → 2011-03-14

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have prepared cash flow forecasts for the period ending 31 December 2027. The forecasts include additional exploration expenditure for the Group's gold assets, as well as covering ongoing overheads. The forecasts show that the Group has sufficient cash resources available to allow it to continue as a going concern and meet its liabilities as they fall due for a period of at least twelve months from the date of approval of these financial statements without the need for a further financing. Accordingly, the financial statements have been prepared on a going concern basis.”

Group structure

1. KODAL MINERALS PLC · parent
   1. Kodal Norway (UK) Ltd 100% · United Kingdom · Dormant company
   2. International Goldfields (Bermuda) Limited 100% · Bermuda · Holding company
   3. International Goldfields Côte d'Ivoire SARL 100% · Côte d'Ivoire · Mining exploration
   4. International Goldfields Mali SARL 100% · Mali · Mining exploration
   5. Jigsaw Resources CIV Ltd 100% · Bermuda · Holding company
   6. Corvette CIV SARL 100% · Côte d'Ivoire · Mining exploration

Significant events

• “From developer to critical metals producer in 12 months.”
• “Granted export permit from Mali Government in September 2025 to ship initial 125,000 tonnes of concentrate.”
• “Bougouni mine officially opened in November 2025 by Mali President Goita alongside Minister of Mines and Governor of Bougouni.”
• “Maiden shipment of 28,735 tonnes of concentrate left the Port of San Pedro in November 2025, generating first sales for the Project.”
• “Arbitration proceedings have commenced regarding responsibility for the US$15 million settlement payment under the MoU with the State. Based on legal advice received, the Directors have judged it unlikely that Hainan will be able to make a successful claim against Kodal.”
• “With respect to the sale of Bougouni West as agreed with Leo Lithium in April 2023, one of the licences, N'kéméné Ouest, has not yet been renewed by the Mali mining authorities (a sale condition)...”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

9

last 12 months

Capital events

2

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.