1 Sep 2014 07:00
1 September 2014
Bellzone Mining plc
("Bellzone" or "the Company")
Funding Update
Bellzone Mining plc (AIM: BZM) announces that it has been informed that it will be advanced US$750,000 by China Sonangol International (S) Pte Ltd ("China Sonangol") under the Loan Agreement announced on 18 August 2014, bringing the amount drawn down under the Loan Agreement to US$1.5 million. The Company and China Sonangol remain in discussions to reach agreement on the final satisfaction on all conditions of the Loan Agreement.
This funding of US$750,000 is expected to allow the Company to continue operations until mid-September.
Enquiries:
Bellzone Mining plc
Peta Baldwin, Corporate Affairs +44 (0) 1534 513 500
Investec Securities
Nominated Advisor and Broker
Chris Sim / George Price / Jeremy Ellis +44 (0) 20 7597 5970
Bell Pottinger
Financial Public and Investor Relations
Daniel Thole +44 (0) 20 7861 3232