Last checked at 31 Jan 2020 07:00
31 January 2020
Resolute Mining Limited
("Resolute" or the "Company")
Total Voting Rights
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In accordance with the FCA's Disclosure and Transparency Rule 5.6.1(R), Resolute Mining Limited (ASX: RSG/ LSE: RSG) (Resolute, or the Company) confirms that as at 31 January 2020, the Company's issued share capital comprises 1,035,886,919 ordinary shares of no par value, with each share carrying the right to one vote. Resolute does not hold any ordinary shares in treasury.
The above figure of 1,035,886,919 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or of a change to their interest in Resolute under the FCA's Disclosure and Transparency Rules
All of the 1,035,886,919 ordinary shares of non par value are quoted on the ASX. In London, an application will be made in due course for admission to the Official List of the FCA, standard segment, and to trading on the London Stock Exchange's Main Market for Listed Securities (LSE Admission) of the 132,733,185 shares issued as part of tranche 1 of the equity raising announced on 21 January 2020. LSE Admission of these shares will require the publication of a FCA approved Prospectus. A Prospectus is being prepared and a further announcement will be made regarding the timing for LSE Admission following the approval and publication of the Prospectus.
For further information, contact:
John Welborn Managing Director & CEO
| Jeremy Meynert General Manager - Business Development & Investor Relations
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About Resolute
Resolute is a successful, dividend paying gold miner with more than 30 years of experience as an explorer, developer and operator of gold mines in Australia and Africa which have produced more than 8 million ounces of gold. The Company trades on the Australian Securities Exchange (ASX) and the London Stock Exchange (LSE) under the ticker RSG.
Resolute has a Global Mineral Resource base of more than 18 million ounces of gold. The Company's flagship asset is the world class Syama Gold Mine in Mali which has the ability to produce 300,000 ounces of gold per annum from existing processing infrastructure. Resolute has commissioned 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 approximately 140,000 ounces of gold. A binding agreement has been signed to sell the Ravenswood Gold Mine in Queensland, Australia for up to A$300 million. A strategic review is currently underway of the Bibiani Gold Mine in Ghana.
Resolute's guidance for FY20 has been set at production of 500,000 ounces of gold at an AISC of US$980 per ounce. FY20 Guidance will be revised once the sale of Ravenswood has been finalised.
Contact Information
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Authorised by Mr John Welborn, Managing Director & CEO
ASX/LSE: RSG Capital Summary Fully Paid Ordinary Shares: 1,035,886,919 Current Share Price (ASX):A$1.15 as at 30 January 2020 Market Capitalisation: A$1.2 Billion FY20 Guidance: 500,000oz @ AISC US$980/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 |