RE: RNS4 May 2022 08:08
Adam Davidson, Chief Executive Officer of Trident commented:
"This has been an excellent start to the year for Trident. Completion of the gold offtakes acquisition coupled with positive advancements at several portfolio assets has significantly enhanced the quality of our portfolio. Most notably, Trident's year-on-year quarterly revenue has increased by almost 400%, with increasing internal cash generation providing us with further flexibility for financing and acquisitions. The progress in our assets demonstrates the success of our strategy and the importance of selecting the right assets and operating partners. In addition, we have continued to deliver on growth, with three transactions announced or completed during the quarter. We are confident regarding our outlook, with a strong pipeline of value accretive opportunities across a range of commodities and geographies."