REG - Hummingbird Res. - Holding(s) in Company <Origin Href="QuoteRef">HUMR.L</Origin>

Hummingbird ResourcesAnnouncement

29/09/2016 16:50

RNS Number : 2555L
Hummingbird Resources PLC
29 September 2016
Hummingbird Resources plc / Ticker: HUM / Index: AIM / Sector: Mining
29 September 2016
Hummingbird Resources plc ("Hummingbird Resources" or "the Company") 
Holdings in Company
Hummingbird Resources (AIM: HUM) has today been notified by Lindine Inc. that it has sold 15,000,000 shares on 28 September 2016 at a price of 26 pence per share. As a result, Lindine Inc. currently holds 16,103,425 shares, representing approximately 4.7% of the Company's total issued share capital. 
**ENDS**
For further information please visit www.hummingbirdresources.co.uk or contact:
Daniel Betts
Thomas Hill 
Robert Monro
Hummingbird Resources plc
Tel: +44 (0) 20 3416 3560



Charlie Cryer
Oliver Morse
RFC Ambrian Ltd
Nominated Adviser and Joint Broker
Tel: +44 (0) 20 3440 6800 / +61 (0) 8 9480 2500



Jon Belliss
Beaufort Securities Limited
Joint Broker
Tel: +44 (0) 20 7382 8300



Lottie Brocklehurst
Susie Geliher
St Brides Partners Ltd
Financial PR/IR
Tel: +44 (0) 20 7236 1177
About Hummingbird Resources Plc
Notes to Editors
Hummingbird Resources (AIM: HUM) is building a leading gold production, development and exploration company. The Company has two core gold projects, the near-term production Yanfolila Gold Project in Mali and the Dugbe Gold Project in Liberia. It is currently building Yanfolila targeting first production by end of 2017, which has a Probable Reserve of 709,800oz @ 3.14g/t and total Resources of 1.8Moz of gold and an additional 390,700oz of non-compliant exploration potential. The high grade gold project has low operating costs of US$695/oz AISC with 132,000ozs of first full year's production. 
The 4.2Moz Dugbe Gold Project in Liberia provides Hummingbird with excellent development upside. An optimisation of the DFS is on-going whilst Yanfolila is brought to production in the near-term. Additionally, the Company has 4,000km2 highly prospective exploration ground in Mali and Liberia and is constantly evaluating new quality assets. 

This information is provided by RNS
The company news service from the London Stock Exchange
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