Kodal Minerals changes accounting reference date to align with project

Published 01/09/2025, 15:26
Kodal Minerals changes accounting reference date to align with project

LONDON - Kodal Minerals plc (AIM:KOD) announced Monday it has changed its accounting reference date from March 31 to December 31 to align with the financial year end of its Bougouni Lithium Project in southern Mali.

The mining exploration and development company holds a 49 percent shareholding in Kodal Mining UK Limited, which operates the Bougouni project.

Following this change, Kodal will publish unaudited interim accounts for the six-month period ending September 30, 2025, by December 31, 2025. The company will then release audited accounts for the nine-month period ending December 31, 2025, by June 30, 2026.

For the subsequent reporting cycle, Kodal will publish unaudited interim accounts for the six-month period ending June 30, 2026, by September 30, 2026.

Going forward, the company will maintain an annual reporting schedule with audited results for each 12-month period ending December 31 and unaudited interim results for the six-month period ending June 30.

The announcement was made via a press release statement issued by the company.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.