REG-Rand Refinery Dispute Update <Origin Href="QuoteRef">GLDP.L</Origin>

GoldplatAnnouncement

11/09/2017 09:55

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Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration
11 September 2017
Goldplat plc ('Goldplat' or 'the Company')

Rand Refinery Dispute Update

Further to its announcement of 4 April 2017, Goldplat wishes to announce that
it has issued an application out of the High Court of South Africa, Gauteng
Local Division, Johannesburg, for the recovery of the fees due, owing and
payable by Rand Refinery (Pty) Limited to Goldplat Recovery (Pty) Limited.

Gerard Kisbey-Green, CEO of Goldplat commented: "We are disappointed that we
have been unsuccessful in our efforts to resolve this dispute without
reverting to legal action, but we remain confident of full recovery of the
amounts owed to Goldplat Recovery (Pty) Limited. The Company will keep
shareholders informed of progress."

"Notwithstanding this action, the Company reiterates its announcement of 27
July 2017 where we highlighted that Goldplat has traded above market
expectations for the year ended 30 June 2017, and accordingly it remains
"business as usual" despite this dispute.  The Company will be publishing its
annual financial results in September 2017."

** ENDS **

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

 Gerard Kisbey-Green             CEO Goldplat plc                           Tel: +27 (71) 8915775      
 Colin Aaronson / Daniel Bush    Grant Thornton UK LLP (Nominated Adviser)  Tel: +44 (0) 20 7383 5100  
 Andrew Raca / Justin McKeegan   VSA Capital Limited (Broker)               Tel: +44 (0) 20 3005 5000  
 Charlotte Page / Susie Geliher  St Brides Partners Ltd  (Financial PR)     Tel: +44 (0) 20 7236 1177  

The information contained within this announcement is deemed to constitute
inside information as stipulated under the Market Abuse Regulations (EU) No.
596/2014. Upon the publication of this announcement, this inside information
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Source: Goldplat plc via Globenewswire