REG - Resolute Mining Ltd - Company Statement regarding Mali

Resolute MiningAnnouncement

11/11/2024 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20241111:nRSK6464La&default-theme=true

RNS Number : 6464L  Resolute Mining Limited  11 November 2024

 

11 November 2024

 

Response to Reports of Employees being Detained in Mali

 

Resolute Mining (Resolute or the Company) (ASX/LSE: RSG) confirms that the
Company's CEO, Terence Holohan, and two other employees, have been detained in
Mali by Government Officials. The executives were in Bamako to hold
discussions with the mining and tax authorities regarding general activities
related to Resolute's in-country business practices, and to progress open
claims made against Resolute, which the Company maintains are unsubstantiated.

Following the conclusion of these meetings on Friday, 8 November 2024, the
three employees were unexpectedly detained.

Resolute has followed all official processes with respect to its affairs and
has provided the authorities with detailed responses to all the claims made.

Resolute's priority remains the safety and wellbeing of its employees. The
Company is in regular communication with the three detained
employees who remain held at the Economic and Financial Centre of
Bamako (Pôle Économique et Financier de Bamako). The employees are being
treated well and continue to receive support on the ground from
the UK and International Embassies and Consulates.

The Company is continuing to work with the Government on a resolution and will
provide further updates on the situation as appropriate.

 

 

Authorised by Andrew Wray, Non-Executive Chairman

 

 

 

Contact

 

 Resolute                                               Public Relations

 Matthias O'Toole Howes,                                Jos Simson, Tavistock resolute@tavistock.co.uk

                                                      (mailto:resolute@tavistock.co.uk)
 Corporate Development and Investor Relations Manager

                                                      +44 207 920 3150
 Matthias.otoolehowes@resolutemining.com

 (mailto:Matthias.otoolehowes@resolutemining.com)       +44 778 855 4035 (available 24 hours)

 +44 203 3017 620

                                                        Corporate Brokers

                                                        Jennifer Lee, Berenberg

                                                        +44 20 3753 3040

                                                        Tom Rider, BMO Capital Markets

                                                        +44 20 7236 1010

 

Resolute Mining Limited ABN 39 097 088 689

Level 17, 2 The Esplanade, Perth, Western Australia 6000

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCURAURSBUAAUA