Last checked at 20 Dec 2019 07:06
20 December 2019
Resolute Mining Limited
(Resolute or the Company)
Form 604
Change of Interests of Substantial Holder
Resolute Mining Limited (ASX/LSE: RSG) advises that Mako Gold Limited (ASX:MKG) ("Mako Gold") has issued a Form 604 to the Australian Securities Exchange.
The Form 604 titled "Notice of change of interests of substantial holder" indicates that Mako Gold now holds 15,235,085 common stock or 15.13% of total common stock.
A full PDF version of the Form 604 is available from the Company's website: https://www.rml.com.au/investors/asx-announcements/.
For further information, contact:
John Welborn Managing Director & CEO
| Jeremy Meynert General Manager - Business Development & Investor Relations
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Contact Information
Resolute John Welborn, Managing Director & CEO Jeremy Meynert, General Manager - BD & IR Telephone: +61 8 9261 6100 Email: contact@rml.com.au Web: www.rml.com.au
Berenberg (UK Corporate Broker) Matthew Armitt/Detlir Elezi Telephone: +44 20 3207 7800
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Tavistock (UK Investor Relations)
Jos Simson / Charles Vivian / Emily Moss /
Annabel de Morgan
Telephone: +44 207 920 3150 / +44 778 855 4035
Email: resolute@tavistock.co.uk
About Resolute
Resolute is a successful, dividend paying gold miner with 30 years of experience as an explorer, developer and operator of gold mines in Australia and Africa which have produced more than eight million ounces of gold.
Resolute's production and cost guidance for the 12 months to 31 December 2019 is 400,000 ounces of gold at an All-In Sustaining Cost of US$1,020 per ounce.
Resolute owns four gold mines. Its flagship asset is the world class Syama Gold Mine in Mali (Syama) which can produce more than 300,000 ounces of gold per annum from existing processing infrastructure. Resolute is currently commissioning the world's first fully automated underground mine at Syama which will deliver a low cost, large scale operation with a mine life beyond 2032. The Mako Gold Mine in Senegal is a high quality, low cost asset with average annual production of ~140,000 ounces of gold. The Ravenswood Gold Mine in Australia and the Bibiani Gold Mine in Ghana are existing largescale assets which provide Resolute with significant production growth potential. Resolute has a pathway to annual gold production in excess of 500,000 ounces from a Global Mineral Resource base of more than 18 million ounces of gold.
Resolute trades on the Australian Securities Exchange (ASX) and the London Stock Exchange (LSE) under the ticker RSG.
Authorised by Mr John Welborn, Managing Director and CEO
ASX/LSE: RSG Capital Summary Fully Paid Ordinary Shares: 903,153,734 Current Share Price:A$1.08 as at 19 December 2019 Market Capitalisation: A$975 million FY19 Guidance (to 31 December): 400,000oz @ AISC US$1,020/oz | Board of Directors Mr Martin Botha Non-Executive ChairmanMr John Welborn Managing Director & CEO Ms Yasmin Broughton Non-Executive Director Mr Mark Potts Non-Executive Director Ms Sabina Shugg Non-Executive Director Mr Peter Sullivan Non-Executive Director | Contact John Welborn Managing Director & CEO Jeremy Meynert GM - BD & IRLevel 2, Australia Place | 15-17 William StPerth, Western Australia 6000T: +61 8 9261 6100 | F: +61 8 9322 7597E: contact@rml.com.au |