Taung Gold International Limited announced delay in publication of the Annual Results on or before June 30, 2023. The company is still in process Company is still in the process of ascertaining the carrying values of the mining assets in South Africa. The Company appointed a technical expert team to conduct an update to the mining assets, and the valuation report is being finalized.

As such, additional time is required for the Company to obtain further supporting documents and reports to substantiate the assumptions of the financial projection including the project timeline, increase in capital and operating expenditure, and update the information and valuation of the mining assets so as to provide with the auditors to carry out their work.