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REG - Sylvania Platinum - Notice of Results and Update

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RNS Number : 9814R  Sylvania Platinum Limited  11 July 2022

 
 

 

 

 

 

 
_________________________________________________________________________________________________________________________

 

11 July 2022

 

 

Sylvania Platinum Limited

 ("Sylvania", the "Company" or the "Group")

 

 

Notice of Results and Production Update

 

 

Sylvania Platinum Limited (AIM: SLP) confirms it will announce its Fourth
Quarter Report in late July 2022 and its Final Results for the year ended 30
June 2022 on Thursday, 8 September 2022.

 

Final results analyst presentation

 

The Company will be hosting an analyst presentation for its Final Results on
the day at 09:30 BST; analysts are encouraged to register their interest by
emailing  sylvania@almapr.co.uk (mailto:sylvania@almapr.co.uk) .

 

Investor presentation

 

Sylvania's CEO Jaco Prinsloo and CFO Lewanne Carminati will also host a live
investor presentation, via the Investor Meet Company platform, on 8 September
2022 at 12:00 BST.

 

The presentation will be open to all existing and potential shareholders.
Questions can be submitted pre-event via the Investor Meet Company dashboard
up until 09.00 BST the day before the meeting or at any time during the live
presentation.

 

Investors can sign up to Investor Meet Company for free and include Sylvania
Platinum Limited via
https://www.investormeetcompany.com/sylvania-platinum-limited/register-investor
(https://www.investormeetcompany.com/sylvania-platinum-limited/register-investor)
.  Investors who have already registered and elected to meet the Company,
will be automatically invited.

 

Production Update

 

The Group is pleased to report a strong finish to its financial year and has
achieved the mid-range of its target production of 66,000 to 68,000 ounces for
FY2022.

 

The Board is aware of sector wide headwinds impacting the wider market and
carefully monitors macro-level trends to ensure that they can be carefully
navigated. Domestically, it also notes the challenges created by loadshedding
implemented by the National Power Utility, however the Group's performance in
the full year highlights that it has not impacted production across the
Sylvania Dump Operations.

 

Grasvally Sale Update

 

The Company is pleased to report that all of the conditions precedent for the
sale of 100% of the shares in, and claims against Grasvally Chrome Mine (Pty)
Ltd to Forward Africa Mining (Pty) Ltd ("FAM") have been fulfilled and the
sale became unconditional as of 8 July 2022.

 

 

CONTACT DETAILS

 

 For further information, please contact:
 Jaco Prinsloo CEO                                  +27 11 673 1171

 Lewanne Carminati CFO

 Nominated Adviser and Broker
 Liberum Capital Limited                            +44 (0) 20 3100 2000
 Richard Crawley / Scott Mathieson / Kane Collings

 Communications
 Alma PR Limited                                    +44 (0) 20 3405 0208
 Justine James / Josh Royston / Matthew Young       sylvania@almapr.co.uk

 

 

CORPORATE INFORMATION

 

 Registered and postal address:  Sylvania Platinum Limited
                                 Clarendon House
                                 2 Church Street
                                 Hamilton HM 11
                                 Bermuda

 SA Operations postal address:   PO Box 976
                                 Florida Hills, 1716
                                 South Africa

 

Sylvania Website: www.sylvaniaplatinum.com (http://www.sylvaniaplatinum.com)

 

 

About Sylvania Platinum Limited

 

Sylvania Platinum is a lower-cost producer of platinum group metals (PGM)
(platinum, palladium and rhodium) with operations located in South Africa. The
Sylvania Dump Operations (SDO) comprises six chrome beneficiation and PGM
processing plants focusing on the retreatment of PGM-rich chrome tailings
materials from mines in the Bushveld Igneous Complex. The SDO is the largest
PGM producer from chrome tailings re-treatment in the industry. The Group also
holds mining rights for PGM projects and a chrome prospect in the Northern
Limb of the Bushveld Complex.

 

For more information visit https://www.sylvaniaplatinum.com/
(https://www.sylvaniaplatinum.com/)

 

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