REG - Resolute Mining Ltd - Resolute lists on London Stock Exchange

Resolute MiningAnnouncement

20/06/2019 07:00

RNS Number : 8254C
Resolute Mining Limited
20 June 2019
 


20 June 2019
This announcement is an advertisement for the purposes of the UK Prospectus Rules and not a prospectus and not an offer of securities for sale in any jurisdiction, including in or into Canada, Japan, the Republic of South Africa or the United States. Investors should not purchase or subscribe for any shares referred to in this announcement except on the basis of information in the prospectus (the "Prospectus") published by Resolute Mining Limited, in connection with the proposed admission of its ordinary shares to the Standard Listing segment of the Official List of the UK Financial Conduct Authority and to trading on the Main Market for listed securities of London Stock Exchange plc (the "London Stock Exchange" or "LSE") (together, "Admission"). The Prospectus is available on the Company's website at www.rml.com.au/lse-listing/prospectus.
Resolute Mining Limited
(Resolute or the Company)
Resolute lists on London Stock Exchange
 
Resolute Mining Limited (Resolute or the Company) (ASX/LSE: RSG) is pleased to announce, following publication of its Prospectus on 17 June 2019, that the Company's shares will be admitted to trading on the London Stock Exchange's (LSE) Main Market. Trading in Resolute shares, under the ticker LSE: RSG, will commence on the LSE at 8:00am London time today, 20 June 2019.
John Welborn, Managing Director and CEO of Resolute, commented:
"We are delighted to deliver as promised on an important strategic goal for 2019. Today marks an exciting milestone for Resolute as our shares commence trading on the Main Market of the London Stock Exchange."
"The dual listing in London and the subsequent increase in profile in global investment markets is perfectly timed as we ramp up the new Syama Underground Mine in Mali. Syama, once commissioned, will be the world's first fully automated underground gold mine. We look forward to continuing to deliver on our exciting growth agenda."
Resolute's existing listing on the ASX is unchanged and trading on the ASX is unaffected by the dual listing on the LSE. Resolute has not raised any additional funds or issued any new shares as part of the Admission. On Admission, the Company's issued share capital will be 758,094,588 ordinary shares and trading in Resolute shares (or depositary interests representing shares) will be fully transferable between the ASX and LSE. Further information pertaining to the depositary interests and instructions on how to transfer shares between exchanges is available on the Company's website at www.rml.com.au/lse-listing/.
 
For further information, contact:



John Welborn
Managing Director & CEO
 


Jeremy Meynert
General Manager - Business Development & Investor Relations
 



Contact Us
Resolute
John Welborn, Managing Director & CEO
Jeremy Meynert, General Manager - BD & IR
Telephone: +61 8 9261 6100
Email: contact@rml.com.au
Web: www.rml.com.au
 
Berenberg (UK Corporate Broker)
Matthew Armitt / Detlir Elezi
Telephone: +44 20 3207 7800
 
Tavistock (UK Public Relations)
Jos Simson / Charles Vivian / Emily Fenton / Annabel de Morgan
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. Dual listed on the ASX and LSE, Resolute has a pathway to annual gold production in excess of 500,000 ounces from a Global Mineral Resource base of 16.8 million ounces of gold.
Resolute currently owns three gold mines. Its flagship asset is the world class Syama Gold Mine in Mali which can produce more than 300,000 ounces of gold per annum from existing processing infrastructure. Resolute is currently commissioning the world's first fully automated underground gold mine at Syama with the intention to deliver a low cost, large scale operation with a mine life beyond 2032. Resolute is the owner of the Ravenswood Gold Mine in Australia and the Bibiani Gold Mine in Ghana and has a portfolio of strategic investments in African-focused gold explorers and developers.
 



ASX:RSG Capital Summary
Fully Paid Ordinary Shares: 758,094,588
Current Share Price:

A$1.08 as at 19 June 2019
Market Capitalisation: A$819 million
FY19 Guidance (to 30 June):
300,000oz @ AISC US$960/oz (A$1,280/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
Jeremy Meynert GM - BD & IR

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



 




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