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Funding Update

15 Nov 2018 14:45

RNS Number : 5225H
Bellzone Mining PLC
15 November 2018
 

15 November 2018

Bellzone Mining plc

("Bellzone" or "the Company")

 

 Funding Update

 

Further to the Company's announcements of 27 September 2018 and 22 October 2018, the Company announces that it continues discussions to raise further funds but at present there has been no definitive agreement entered into to provide further working capital.

 

The Company's working capital position is tight and there remains the risk that unless further funds are sourced in the near term then the Company would need to invoke an insolvency procedure.

 

The Company will make further announcements in due course.

Enquiries:

Bellzone Mining plc

Simon Edwards

+44 (0) 7767 492 712

simon.edwards@bellzone.com

WH Ireland Limited

Nominated Advisor & Joint Broker

James Joyce / Jessica Cave

 

+44 (0) 20 7220 1666

SVS Securities plc

Joint Broker

Tom Curran / Ben Tadd / Nick Aitchison

 

 

+44 (0) 20 3700 0100

 

http://www.bellzone.com/

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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MSCFFEFLIFASELF
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