22 Dec 2016 10:20
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR).
StratMin Global Resources Plc
("StratMin" or the "Company")
Receipt of first payment by Bass Metals Ltd
Further to the announcement on 15 December 2016 regarding the early cash settlement of outstanding payments from Bass Metals Ltd ("Bass"), the Company can confirm that it has today received the first payment of AUS$955,000 (£557,067) into its UK bank account.
The Company can also confirm that the placement of its 70 million shares in Bass has occurred and the Company expects to receive the proceeds into its UK bank account before the year end.
For further information please visit www.stratminglobal.com or contact:
StratMin Global Resources Plc Brett Boynton, CEO | +44 (0) 20 3691 6160 |
Allenby Capital (Nominated Adviser & Broker) John Depasquale/ Nick Harriss/ Richard A Short | +44 (0) 020 3328 5656 |
Optiva Securities (Broker) Christian Dennis | +44 (0) 20 3137 1903 |
VSA Capital Limited (Financial Adviser) Andrew Raca | +44 (0) 20 3005 5000 |