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REG - Resolute Mining Ltd - LSE Prospectus Published




 



RNS Number : 6993P
Resolute Mining Limited
11 June 2020
 

 

NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE PUBLICATION, DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.

 

THIS ANNOUNCEMENT IS AN ADVERTISEMENT FOR THE PURPOSES OF THE PROSPECTUS RULES OF THE FINANCIAL CONDUCT AUTHORITY AND DOES NOT CONSTITUTE A PROSPECTUS OR PROSPECTUS EQUIVALENT DOCUMENT. NOTHING IN THIS ANNOUNCEMENT SHALL CONSTITUTE AN OFFERING TO SELL, OR A SOLICITATION OF AN OFFER TO SUBSCRIBE FOR OR TO ACQUIRE, SECURITIES IN ANY JURISDICTION, INCLUDING IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA. ANY DECISION TO PURCHASE, SUBSCRIBE FOR, OTHERWISE ACQUIRE, SELL OR OTHERWISE DISPOSE OF ANY NEW SHARES MUST BE MADE ONLY ON THE BASIS OF THE INFORMATION CONTAINED IN AND INCORPORATED BY REFERENCE INTO THE PROSPECTUS (THE "PROSPECTUS") PUBLISHED BY RESOLUTE MINING LIMITED (THE "COMPANY" OR "RESOLUTE" AND TOGETHER WITH ITS SUBSIDIARIES, THE "GROUP") IN CONNECTION WITH THE ISSUE OF NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY. A COPY OF THE PROSPECTUS PUBLISHED BY THE COMPANY IS ON THE COMPANY'S WEBSITE AT https://www.rml.com.au/lse-listing/

 

 

FOR IMMEDIATE RELEASE

11 June 2020

 

Resolute Mining Limited

(Resolute or the Company)

 

Resolute Mining Limited

Announcement of Publication of Prospectus

 

Further to the announcement on 29 May 2020 by Resolute Mining Limited (the "Company") relating to the total voting rights in the Company, the Company is pleased to announce that a Prospectus has been approved by the UK Financial Conduct Authority and has been published.

 

The Prospectus is in relation to the admission of the 21,212,747 shares issued as the share purchase plan component of the equity raising announced on 21 January 2020, the 132,733,185 ordinary shares issued as  tranche 1 of that equity raising, the 22,727,273 shares issued as tranche 2 of that equity raising and the  (together the "Equity Raise") 23,000,000 shares issued as part of a placement on 17 April 2020, to the standard listing segment of the Official List of the FCA and to trading on the main market of London Stock Exchange plc ("Admission").

 

The Equity Raise has been completed and no further shares will be issued subject to the publication of the Prospectus.

It is expected that Admission will become effective at 8.00 a.m. BST on 16 June 2020.

 

Resolute trades on the Australian Securities Exchange and the London Stock Exchange under the ticker "RSG".

 

A copy of the Prospectus will be submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

 

For further information, contact:

 

John Welborn

Managing Director & CEO


About Resolute

Resolute is a successful 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 currently operates the Syama Gold Mine in Mali and the Mako Gold Mine in Senegal. The Company is the owner of the Bibiani Gold Mine in Ghana. Resolute's guidance for 2020 has been set at production of 430,000 ounces of gold at an All-In Sustaining Cost of US$980 per ounce.

Contact Information

Resolute

John Welborn, Managing Director & CEO

Telephone: +61 8 9261 6100

Email: contact@rml.com.au

Web: www.rml.com.au

Berenberg (UK Corporate Broker)

Matthew Armitt / Jennifer Wyllie / Detlir Elezi

Telephone: +44 20 3207 7800

 

Tavistock (UK Public Relations)

Jos Simson / Emily Moss / Annabel de Morgan / Oliver Lamb

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

Email: resolute@tavistock.co.uk



 

Authorised by Mr John Welborn, Managing Director & CEO

 

ASX/LSE: RSG Capital Summary

Fully Paid Ordinary Shares: 1,102,826,939

Current Share Price (ASX):
A$1.06 as at 10 June 2020

Market Capitalisation: A$1.17 billion

2020 Guidance:

430,000oz @ AISC US$980/oz

Board of Directors

Mr Martin Botha Non-Executive Chairman
Mr John Welborn Managing Director & CEO

Ms Yasmin Broughton Non-Executive Director

Mr Mark Potts Non-Executive Director

Ms Sabina Shugg Non-Executive Director

Mr Peter Sullivan Non-Executive Director

Contact

John Welborn Managing Director & CEO

Level 2, Australia Place | 15-17 William St
Perth, Western Australia 6000
T: +61 8 9261 6100 | F: +61 8 9322 7597
E:
contact@rml.com.au

 

 


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 or visit www.rns.com.
 
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