Hummingbird Resources Regulatory News (HUM)

Hummingbird Resources plc / Ticker: HUM / Index: AIM / Sector: Mining

8 September 2016

Hummingbird Resources plc ('Hummingbird' or 'the Company')

Taurus Bridge Extension

Hummingbird Resources plc (AIM: HUM), announces a three month extension of its US$15m bridge facility with Taurus Mining Finance Fund LP ('Taurus') to 8 December 2016. The US$10m bridge facility was originally announced on 11 August 2014, was expanded to a US$15m facility on 1 September 2015, and extended by six months on 25 February 2016.

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About Hummingbird Resources Plc

Notes to Editors

Hummingbird Resources (AIM: HUM) is building a leading gold production, development and exploration company. The Company has two core gold projects, the near-term production Yanfolila Gold Project in Mali and the Dugbe Gold Project in Liberia. It is currently building Yanfolila targeting first production by end of 2017, which has a Probable Reserve of 709,800oz @ 3.14g/t and total Resources of 1.8Moz of gold and an additional 390,700oz of non-compliant exploration potential. The high grade gold project has low operating costs of US$695/oz AISC with 132,000ozs of first full year's production.

The 4.2Moz Dugbe Gold Project in Liberia provides Hummingbird with excellent development upside. An optimisation of the DFS is on-going whilst Yanfolila is brought to production in the near-term. Additionally, the Company has 4,000km2 highly prospective exploration ground in Mali and Liberia and is constantly evaluating new quality assets.