REG - Griffin Mining Ltd - RECEIPT OF FURTHER DIVIDENDS FROM CHINA

Griffin MiningAnnouncement

29/11/2023 12:15

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RNS Number : 0943V  Griffin Mining Limited  29 November 2023

 

8(th) Floor, Royal Trust House, 54 Jermyn Street, London. SW1Y 6LX.  United Kingdom
Telephone: + 44 (0)20 7629 7772  Facsimile:  + 44 (0)20 7629 7773

E mail: griffin@griffinmining.com (mailto:griffin@griffinmining.com)

 

Receipt of Further Dividends from China

 

29(th) November 2023

 

Griffin Mining Ltd ("the "Company" with its subsidiaries "the Group") is
pleased to announce that on 24(th) November 2023, it received into the Group's
bank accounts outside of China, a further dividend from its operating Chinese
subsidiary, Hebei Hua Ao Mining Industry Company Limited, in the amount of
Renminbi75 million (US$10.5 million) less PRC withholding tax of 5%. The net
funds were received in the normal course of business and in normal electronic
wire transfer times.

 

 

About Griffin Mining Limited

 

Griffin Mining Limited's shares are quoted on the Alternative Investment
Market (AIM) of the London Stock Exchange (symbol GFM). Griffin Mining Limited
owns and operates in China, through its 88.8% owned Joint Venture stock
company, the Caijiaying Zinc Gold Mine, a profitable mine producing zinc,
gold, silver, and lead metals in concentrates. For more information, please
visit the Company's website www.griffinmining.com.

Further information

 

Griffin Mining Limited

Mladen Ninkov - Chairman
Telephone: +44(0)20 7629 7772

Roger Goodwin - Finance Director

 

Panmure Gordon (UK)
Limited
Telephone: +44 (0)20 7886 2500

             John Prior

             Dougie McLeod

 

Berenberg
 
Telephone: +44(0)20 3207 7800

            Matthew Armitt

Jennifer Lee

 

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) No. 596/2014

 

 

 

Griffin Mining Limited's shares are quoted on the Alternative Investment
Market (AIM) of the London Stock Exchange (symbol GFM).

The Company's news releases are available on the Company's web site:
www.griffinmining.com (http://www.griffinmining.com/)

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