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Pin to quick picksGalileo Resourc Regulatory News (GLR)

Galileo Resourc Information

Share Price Information for Galileo Resourc (GLR)

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Share Price: 1.075
Bid: 1.05
Ask: 1.10
Change: -0.025 (-2.27%)
Spread: 0.05 (4.762%)
Open: 1.10
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Low: 1.075
Prev. Close: 1.10
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Star Zinc Marketing Agreement

25 Nov 2020 09:50

RNS Number : 4733G
Galileo Resources PLC
25 November 2020
 

Dissemination of a regulatory announcement that contains inside information according to Regulation (EU) number 596/2014 (MAR)

 

For immediate release

 

25 November 2020

Galileo Resources Plc

("Galileo" or "the Company")

 

Star Zinc Marketing Agreement

 

Galileo Resources plc ("Galileo "or the "Company") is pleased to announce that it has signed a marketing agreement with Zopco S.A. ("ZopCo") in relation to the potential sale of zinc willemite ore from the group's 95% owned Star Zinc project in Zambia.

 

 

Highlights

· Zopco are a Geneva based independent trading company focussed on non-ferrous metals and concentrates

· The appointment is on a global basis and a number of potential off-takes are being finalised

Colin Bird Chairman & CEO said:

"We are pleased to have entered into a marketing agreement with ZopCo who have extensive market knowledge, and expertise. We have taken this decision to extend our options on the marketing of product from the Star Zinc project in what appears to be a rising zinc market."

 

You can also follow Galileo on Twitter: @GalileoResource

 

For further information, please contact: Galileo Resources PLC

 

Colin Bird, Chairman

Tel +44 (0) 20 7581 4477

Beaumont Cornish Limited - Nomad

Roland Cornish/James Biddle

Tel +44 (0) 20 7628 3396

Novum Securities Limited - Joint Broker

Colin Rowbury /Jon Belliss

+44 (0) 20 7399 9400

Shard Capital Partners LLP - Joint Broker

Damon Heath

Tel +44 (0) 20 7186 9952

 

 

 

 

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12th May 202011:00 amRNSPrice Monitoring Extension
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14th Apr 202010:16 amRNSStar Zinc and Kashitu Licences Agreement reached
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26th Jun 201912:35 pmRNSStar Zinc Initial Inferred Resource Estimate
24th Jun 20197:00 amRNSKabwe Residual Rights - Acquisition Completes
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24th Apr 20195:41 pmRNSHolding(s) in Company
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17th Apr 20197:00 amRNSPlacing
12th Apr 201911:35 amRNSHolding(s) in Company
26th Mar 201910:21 amRNSHolding(s) in Company
28th Jan 20191:35 pmRNSHolding(s) in Company
20th Dec 201811:57 amRNSHalf-year Report
11th Dec 20181:55 pmRNSHolding(s) in Company
26th Nov 201810:40 amRNSHolding(s) in Company
20th Nov 20189:37 amRNSHolding(s) in Company
16th Nov 201810:35 amRNSHolding(s) in Company
14th Nov 201812:00 pmRNSStar Zinc Project Update
14th Nov 201811:50 amRNSHolding(s) in Company
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