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Pin to quick picksAltyngold Regulatory News (ALTN)

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Funding Update

4 Dec 2019 15:24

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, SOUTH AFRICA, JAPAN, HONG KONG, SINGAPORE OR IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT

4 December 2019

Altyn Plc

("Altyn” or the "Company")

Altyn Plc (LSE:ALTN) an exploration and development company, is pleased to announce the following.

In line with its effort to fund growth initiatives and diversify its sources of funding, Altyn is raising a 10 million USD bond on the Astana Stock Exchange. It’s use will be dedicated to the company’s capital expenditures.

The results of the book-building (4-6 December 2019) and bond terms will be announced at completion.

The Company will use its best endeavours to place the bond but there can be no assurances that the bond will complete

For further details of the book building please follow the link below :

https://www.aix.kz/aix-market-notices/2019-11-29_02_market-notice-timeline-and-information-related-to-the-book-building-allocation-and-cash-settlement-of-the-altyn-public-limited-companys-bonds/

For further information please contact:

Altyn Plc

Rajinder Basra, CFO +44 (0) 207 932 2456

The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or any U.S. state securities laws, and may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. No public offering of any securities referred to herein is being made in the United States.

This announcement may not be distributed, directly or indirectly, in or into or from any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction. This announcement does not constitute or form part of an offer to sell or issue, or any solicitation of an offer to buy or subscribe for, any securities referred to herein in the United States or in any other jurisdiction. The offer and the distribution of this announcement and other information In connection with the offer in certain jurisdictions may be restricted by law and persons into whose possession any document or other Information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

This announcement is directed only at (I) persons who are outside the United Kingdom or (ii) persons with professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Order") or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2) of the Order (all such persons together being referred to as "relevant persons"). Any investment activity to which this communication relates will only be available to and will only be engaged with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

Neither this announcement, nor any copy of it may be taken, transmitted or distributed, directly or indirectly, into Australia, Canada, South Africa, Hong Kong, Japan or Singapore or to any persons in any of those jurisdictions or any other jurisdictions where to do so would constitute a violation of the laws of such jurisdiction. The securities referred to herein have not been and will not be qualified under the applicable securities laws of Australia, Canada, South Africa, Hong Kong, Japan or Singapore and, subject to certain exceptions, may not be offered or sold within Australia, Canada, South Africa, Hong Kong, Japan or Singapore or to any national, resident or citizen of Australia, Canada, South Africa, Hong Kong, Japan or Singapore.

Forward-looking statements

This announcement contains statements that constitute forward-looking statements, beliefs or opinions, including statements relating to business, financial condition and results of operations of Altyn Plc. These statements may be identified by words such as “expectation", "belief”, "estimate", "plan", "target", or "forecast" and similar expressions or the negative thereof; or by the forward-looking nature of discussions of strategy, plans or intentions; or by their context. All statements regarding the future involve known and unknown risks and uncertainties and various factors could cause actual future results, performance or events to differ materially from those described or implied in these statements. Such forward-looking statements are based on numerous assumptions regarding Altyn’s present and future business strategies as well as the environment in which Altyn expects to operate in the future. Further, certain forward-looking statements are based upon assumptions of future events which may not prove to be accurate and Altyn does not accept any responsibility for the accuracy of the opinions expressed in this announcement or the underlying assumptions. Past performance Is not an indication of future results and past performance should not be taken as a representation that trends or activities underlying past performance will continue in the future. The forward-looking statements in this document speak only as at the date of this announcement and Altyn and its affiliates expressly disclaim any obligation or undertaking to review or release any updates or revisions to these forward-looking statements to reflect any change in Altyn's expectations with regard thereto or any change in events, conditions or circumstances on which any statement is based after the date of this announcement or to update or to keep current any other information contained in this document or to provide any additional information in relation to such forward-looking statements, unless required to do so by applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20191204005632/en/

Copyright Business Wire 2019

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