The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGriffin Mining Regulatory News (GFM)

Share Price Information for Griffin Mining (GFM)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 154.00
Bid: 151.00
Ask: 154.00
Change: 0.50 (0.33%)
Spread: 3.00 (1.987%)
Open: 151.00
High: 154.00
Low: 151.00
Prev. Close: 152.00
GFM Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Transaction in Own Shares

19 Dec 2023 12:11

RNS Number : 3346X
Griffin Mining Limited
19 December 2023
 

 

8th Floor, Royal Trust House, 54 Jermyn Street, London. SW1Y 6LX. United Kingdom

Telephone: + 44 (0)20 7629 7772 Facsimile: + 44 (0)20 7629 7773

E mail: griffin@griffinmining.com

 

Increase to US$10 Million in Available Funds for Purchase of Own Shares

 

19th December 2023

 

 

Griffin Mining Limited ("Griffin" or the "Company") has previously announced on the 12th September 2023 that it would renew its efforts to effect the buy-back of shares of the Company previously announced on the 25th February 2021 (the "Buy-Back Programme") and to extend the Buy-Back Programme after its expiration on the 25th February 2024 on the same terms.

 

In addition to the Buy-Back Programme, the directors reserved the right (subject to compliance with all applicable laws and regulations) to:

 

1. purchase large blocks of shares from individual shareholders where the large number of such shares offered in the market may cause instability in the Company's share price; and

 

2. purchase a large number of shares via a tender offer which would be the subject of further documentation being sent to non-US resident shareholders.

 

In view of the current market price of the Company's shares, the lack of shares capable of being offered daily to the Company under current market regulations and the desire of certain large individual shareholders wishing to possibly sell a large number of such shares which could cause instability in the Company's share price if offered via the current Buy-Back Program, the Company has increased the funds available for the purchase of its own shares from up to $5m to up to US$10 million and an unlimited number of shares in addition to that already expended under the Buy-Back Programme.

 

 

About Griffin Mining Limited 

 

Griffin Mining Limited's shares are quoted on the Alternative Investment Market (AIM) of the London Stock Exchange (symbol GFM). Griffin Mining Limited owns and operates in China, through its 88.8% owned Joint Venture stock company, the Caijiaying Zinc Gold Mine, a profitable mine producing zinc, gold, silver, and lead metals in concentrates. For more information, please visit the Company's website www.griffinmining.com.

Further information

 

Griffin Mining Limited

Mladen Ninkov - Chairman Telephone: +44(0)20 7629 7772

Roger Goodwin - Finance Director

 

Panmure Gordon (UK) Limited Telephone: +44 (0)20 7886 2500

John Prior

Dougie McLeod

Berenberg Telephone: +44(0)20 3207 7800

Matthew Armitt

Jennifer Lee

 

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR").

 

Griffin Mining Limited's shares are quoted on the Alternative Investment Market (AIM) of the London Stock Exchange (symbol GFM).

 

The Company's news releases are available on the Company's web site: www.griffinmining.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.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
POSFFSFEUEDSEFE
Date   Source Headline
2nd Nov 201010:55 amRNSPROGRESS REPORT ON CAIJIAYING OPERATIONS
25th Oct 20109:02 amRNSProgress Report on Caijiaying Operations
25th Oct 20109:02 amRNSProgress Report on Caijiaying Operations
30th Sep 20108:36 amRNSTransaction in Own Shares
28th Sep 20108:38 amRNSProgress Report on Caijiaying Operations
7th Sep 20107:00 amRNSInterim Results
16th Aug 201012:38 pmRNSUpgrade Commissioning
16th Aug 201012:35 pmRNSOperational Update
9th Aug 20109:28 amRNSCaijiaying Operations
12th Jul 201011:36 amRNSResult of AGM
12th Jul 201010:30 amRNSProduction Update
28th Jun 201011:06 amRNSTransaction in Own Shares - Replacement
28th Jun 20107:00 amRNSTransaction in Own Shares
23rd Jun 20107:00 amRNSNotice of AGM
16th Jun 20108:37 amRNSTransaction in Own Shares
8th Jun 201011:02 amRNSTransaction in Own Shares
14th May 20109:50 amRNSHolding(s) in Company
11th May 20106:00 pmRNSHolding(s) in Company
6th May 20107:00 amRNSFinal Results
26th Apr 20101:41 pmRNSOption Exercise
21st Apr 20109:23 amRNSHolding(s) in Company
12th Mar 20108:47 amRNSHolding(s) in Company
12th Mar 20108:46 amRNSHolding(s) in Company
4th Mar 20104:18 pmRNSGrant of Options
3rd Mar 20107:00 amRNSUpdated resource statement
15th Feb 20107:00 amRNSTrading Statement
28th Jan 20101:01 pmRNSOption Exercise
26th Jan 20108:57 amRNSNew Mining Licence issued
14th Jan 20106:00 pmRNSHolding(s) in Company
24th Dec 20097:01 amRNSMining Licence Application Update
24th Nov 20097:00 amRNSMining Licence Application Update
27th Oct 20097:00 amRNSMining Licence Application Accepted
1st Sep 20097:00 amRNSInterim Results
21st Aug 20095:56 pmRNSHolding(s) in Company
7th Jul 20097:00 amRNSAppointment of Joint Broker
18th Jun 20091:36 pmRNSAnnual Financial Report
12th Jun 200912:11 pmRNSResult of AGM
2nd Jun 20097:00 amRNSRe-commencement of operations at Caijiaying
28th May 200910:55 amRNSNotice of AGM
20th May 20098:51 amRNSHolding(s) in Company
15th May 20099:06 amRNSHolding(s) in Company
30th Apr 20097:00 amRNSFinal Results
8th Apr 200911:54 amRNSHolding(s) in Company
3rd Apr 20095:00 pmRNSGRIFFIN WITHDRAWS PROPOSED TAKEOVER OF IVERNIA INC
27th Mar 20097:00 amRNSRe-commencement of Operations
25th Mar 20097:00 amRNSGriffin Mining Proposed Acquisition
25th Feb 20097:00 amRNSChange of Adviser & Broker
23rd Dec 20081:17 pmRNSShare Buy-Back
19th Dec 20087:00 amRNSTrading Statement
13th Nov 20087:00 amRNSHolding(s) in Company

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.