6 Jan 2016 07:00
Patagonia Gold Plc
Further re earn-in agreement with Trilogy Mining Corporation
Patagonia Gold Plc (AIM: PGD), ("Patagonia Gold" or the "Company") announces that, further to its announcement of 9 November 2015, the Company is well advanced in its negotiations with Trilogy Mining Corporation regarding a proposed earn-in agreement to acquire up to 100 per cent. of Trilogy's Carreta Quemada and Chamizo gold projects in Uruguay (the "Projects"). Finalisation of the requisite documentation is ongoing and it is now expected that the Earn-In Agreement will be entered into by the end of January 2016.
Further updates will be made in due course as appropriate.
Contact Information
Christopher van Tienhoven
Patagonia Gold S.A.
+54 911 5278 6950
Angela Hallett/James Spinney
Strand Hanson Limited
Tel: +44 (0)20 7409 3494
Jeremy Stephenson/Stewart Dickson
Cantor Fitzgerald Europe
Tel: +44 (0)20 7894 7000