REG - Resolute Mining Ltd - Issue of Equity – ASX Cleansing Notice & App. 3B

Resolute MiningAnnouncement

30/01/2020 07:01

For best results when printing this announcement, please click on link below:
http://pdf.reuters.com/htmlnews/htmlnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20200130:nRSd4075Ba

RNS Number : 4075B  Resolute Mining Limited  30 January 2020

30 January 2020

Resolute Mining Limited

(Resolute or the Company)

Issue of Equity

ASX Cleansing Notice & Appendix 3B

 

Resolute Mining Limited (ASX/LSE: RSG) advises that a Section 708A(5)
Cleansing Notice and Appendix 3B titled "Cleansing Notice & Appendix 3B"
has been issued to the Australian Securities Exchange.

A full PDF version of the announcement is available from the Company's
website: https://www.rml.com.au/investors/asx-announcements/
(https://www.rml.com.au/investors/asx-announcements/) .

 

For further information, contact:

 

 John Welborn                  Jeremy Meynert

 Managing Director & CEO       General Manager - Business Development & Investor Relations

Contact Information

 Resolute                                        Berenberg (UK Corporate Broker)

 John Welborn, Managing Director & CEO           Matthew Armitt / Jennifer Wyllie / Detlir Elezi

 Jeremy Meynert, General Manager - BD & IR       Telephone: +44 20 3207 7800

 Telephone: +61 8 9261 6100

 Email: contact@rml.com.au                       Tavistock (UK Public Relations)

 Web: www.rml.com.au (http://www.rml.com.au)     Jos Simson / Emily Moss / Annabel de Morgan / Oliver Lamb

                                                 Telephone: +44 207 920 3150 / +44 778 855 4035

                                                 Email: resolute@tavistock.co.uk

About Resolute

Resolute is a successful, dividend paying gold miner with more than 30 years
of experience as an explorer, developer and operator of gold mines in
Australia and Africa which have produced more than 8 million ounces of gold.
The Company trades on the Australian Securities Exchange (ASX) and the London
Stock Exchange (LSE) under the ticker RSG.

Resolute has a Global Mineral Resource base of more than 18 million ounces of
gold. The Company's flagship asset is the world class Syama Gold Mine in Mali
which has the ability to produce 300,000 ounces of gold per annum from
existing processing infrastructure. Resolute has commissioned the world's
first fully automated underground mine at Syama which will deliver a low cost,
large scale operation with a mine life beyond 2032. The Mako Gold Mine in
Senegal is a high quality, low cost asset with average annual production of
approximately 140,000 ounces of gold. A binding agreement has been signed to
sell the Ravenswood Gold Mine in Queensland, Australia for up to A$300
million. A strategic review is currently underway of the Bibiani Gold Mine in
Ghana.

Resolute's guidance for FY20 has been set at production of 500,000 ounces of
gold at an AISC of US$980 per ounce. FY20 Guidance will be revised once the
sale of Ravenswood has been finalised.

 

 ASX/LSE: RSG Capital Summary                                          Board of Directors                            Contact

 Fully Paid Ordinary Shares:1,035,886,919 Current Share Price (ASX):   Mr Martin Botha Non-Executive Chairman        John Welborn Managing Director & CEO

A$1.17 as at 28 January 2020
Mr John Welborn Managing Director & CEO

                                             Jeremy Meynert GM - BD & IR
 Market Capitalisation: A$1.2 Billion                                  Ms Yasmin Broughton Non-Executive Director
Level 2, Australia Place | 15-17 William St

Perth, Western Australia 6000
 FY20 Guidance (to 31 December):                                       Mr Mark Potts Non-Executive Director
T: +61 8 9261 6100 | F: +61 8 9322 7597

E: contact@rml.com.au (mailto:contact@rml.com.au)
 500,000oz @ AISC US$980/oz                                            Ms Sabina Shugg Non-Executive Director

                                                                       Mr Peter Sullivan Non-Executive Director

 

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/)
.   END  MSCDZGFMVGDGGZG