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Pin to quick picksHummingbird Regulatory News (HUM)

Share Price Information for Hummingbird (HUM)

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Taurus Bridge Extension

8 Sep 2016 07:00

RNS Number : 2532J
Hummingbird Resources PLC
08 September 2016
 

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.

 

** ENDS **

 

For further information please visit www.hummingbirdresources.co.uk or contact: 

Daniel Betts

Thomas Hill

Robert Monro

Hummingbird Resources plc

Tel: +44 (0) 203 416 3560

Charlie Cryer

Oliver Morse

 

 

RFC Ambrian Ltd

Nominated Adviser and Joint Broker

Tel: +44 (0) 203 440 6800 / +61 (0) 8 9480 2500

 

Jon Belliss

Beaufort Securities Limited

Joint Broker

Tel: +44 (0) 20 7382 8300

Lottie Brocklehurst

Susie Geliher

Hugo de Salis

St Brides Partners Ltd

Financial PR/IR

Tel: +44 (0) 20 7236 1177

 

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.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCEAFNXEELKEAF
Date   Source Headline
30th Apr 20187:00 amRNSQ1 2018 Production Results and Operational Update
23rd Apr 20184:47 pmRNSHolding(s) in Company
19th Mar 20187:00 amRNSPositive Ramp-up Update at the Yanfolila Gold Mine
12th Mar 20181:00 pmRNSBlock Listing Six Monthly Return
2nd Mar 20181:10 pmRNSStatement re Broker
16th Feb 20187:00 amRNSYanfolila Ramp-Up and Exploration Update
13th Feb 20187:00 amRNSHolding(s) in Company
16th Jan 20187:00 amRNSQuarterly Review
21st Dec 20171:00 pmRNSFirst Gold Poured at Yanfolila Gold Mine
15th Dec 20177:00 amRNSOre Commissioning Commenced at Yanfolila
13th Dec 20172:00 pmRNSTermination of African Gold Group LOI
13th Dec 201710:00 amRNSResult of General Meeting
28th Nov 201710:00 amRNSIntroducing The 1oz Hummingbird Gold Coin
20th Nov 20177:00 amRNSCommissioning Update at Yanfolila Gold Mine
14th Nov 20177:00 amRNSExercise of Warrants
7th Nov 20175:50 pmRNSHolding(s) in Company
30th Oct 20177:00 amRNSPosting of Circular and Notice of General Meeting
25th Oct 20177:00 amRNSPower Plant Fully Commissioned at Yanfolila
18th Oct 20177:00 amRNSQ3 2017 Review
9th Oct 20177:02 amRNSCora AIM Admission to Advance Mali Gold Portfolio
29th Sep 20173:46 pmRNSHolding(s) in Company
27th Sep 20175:00 pmRNSConditional Acquisition in Gold Project, Mali
27th Sep 20177:00 amRNSInterim Results
20th Sep 20172:30 pmRNSYanfolila Construction Video Published
18th Sep 20177:00 amRNSEvent Attendance and Corporate Presentation
12th Sep 20177:00 amRNSBlock Listing Six Monthly Return
11th Sep 20171:45 pmRNSExercise of Warrants
29th Aug 20177:00 amRNSMining Operations Commence at Yanfolila
18th Jul 20177:00 amRNSQ2 Update: Pre-Production Mining to commence in Q3
4th Jul 20177:00 amRNSFull Drawdown of Coris Loan Facility
21st Jun 20172:22 pmRNSResult of AGM
13th Jun 20177:00 amRNSIncreases Stake in Yanfolila Ahead of Production
7th Jun 20174:16 pmRNSHolding(s) in Company
7th Jun 20174:15 pmRNSHolding(s) in Company
24th May 20177:00 amRNSFinal Results
22nd May 20177:00 amRNSConstruction Update: Ball Mill on Site
24th Apr 20177:00 amRNSYanfolila Gold Project Gearing up for Production
11th Apr 20177:00 amRNSDebt Facility with Coris Bank International
22nd Mar 20174:35 pmRNSHolding(s) in Company
14th Mar 201710:27 amRNSBlock Listing Six Monthly Return
24th Feb 20175:03 pmRNSHolding(s) in Company
23rd Feb 20177:00 amRNSAppointment of General Manager for Yanfolila, Mali
14th Feb 20177:00 amRNSIncreases Taurus Debt Facility
6th Feb 201710:30 amRNSGlenwick Heads of Terms to Acquire Cora Gold
2nd Feb 201711:30 amRNSNew Video from Yanfolila Gold Project
2nd Feb 20177:00 amRNSShareholder Agreement with the Government of Mali
19th Jan 20177:00 amRNSSMPP Contract Signed & Steel Work at Yanfolila
11th Jan 20177:00 amRNSQuarterly Review
29th Dec 20167:00 amRNSAppointment of Mining Contractor for Yanfolila
6th Dec 20167:00 amRNSUS$55M Debt Facility Fully Funds Yanfolila Project

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