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Pin to quick picksResolute Mining Regulatory News (RSG)

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First Instalment of Final Bibiani Tranche Paid

20 Sep 2022 07:00

RNS Number : 9512Z
Resolute Mining Limited
20 September 2022
 

20 September 2022

 

Resolute Mining Limited

(Resolute or the Company)

 

First instalment of final Bibiani tranche paid

`

 

 

Resolute Mining Limited (Resolute or the Company) (ASX/LSE: RSG) is pleased to announce that it has received the first payment of $10 million under the deferred payment arrangement for the final tranche of $30 million (plus $2.7 million in respect of an environmental bond) from Asante Gold Corporation(Asante).

The remaining payments due from Asante are:

· payment of $10 million on or before 19 October 2022; and

· payment of $12.7 million and all interest payable on or before 18 November 2022 (see ASX Announcement "Half Year Financial Results and Accounts" dated 25 August 2022 for further details).

 

 

For further information, contact:

Resolute  

James Virgo, GM Finance and Investor Relations 

contact@rml.com.au  

+61 8 9261 6100 

 

Media  

Cameron Morse, FTI Consulting  

cameron.morse@fticonsulting.com  

+61 433 886 871 

 

Public Relations  

Jos Simson / Emily Moss, Tavistock  

resolute@tavistock.co.uk  

+44 207 920 3150 / +44 7788 554 035

 

Corporate Broker  

Matthew Armitt / Jennifer Lee, Berenberg 

+44 20 3207 7800 

 

 

Authorised by Mr Terry Holohan, Managing Director and Chief Executive Officer

 

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