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Completion of Disposal of Manica Gold Project

23 Feb 2024 09:00

RNS Number : 2622E
Xtract Resources plc
23 February 2024

23 February 2024

Xtract Resources Plc

("Xtract" or the "Company")

Completion of Disposal of Manica Gold Project

The Board of Xtract is pleased to announce that further to the announcement on 16 February 2024, the Company completed on 22 February 2024 the disposal of the Company's entire interests in the Manica Gold Project (as set out in the circular to the Company's shareholders dated 24 January 2024).

A Copy of this announcement will be available on the Company's website www.xtractresources.com. Unless the context otherwise requires, capitalised terms of this announcement shall have the same meaning ascribed to them in the circular to shareholders dated 24 January 2024.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018 ("UK MAR").

The person who arranged for the release of this announcement on behalf of the Company was Colin Bird, Executive Chairman and Director.

Enquiries:

Xtract Resources Plc

Colin Bird,

Executive Chairman

+44 (0)20 3416 6471

www.xtractresources.com

Beaumont Cornish Limited

Nominated Adviser and Joint Broker

Roland Cornish

Michael Cornish

Felicity Geidt

+44 (0)207628 3369

www.beaumontcornish.co.uk

Novum Securities Limited

Joint Broker

Jon Bellis

Colin Rowbury

+44 (0)207 399 9427

www.novumsecurities.com

Beaumont Cornish Limited ("Beaumont Cornish"), which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting as nominated adviser to the Company in connection with this announcement and will not regard any other person as its client and will not be responsible to anyone else for providing the protections afforded to the clients of Beaumont Cornish or for providing advice in relation to such proposals. Beaumont Cornish has not authorised the contents of, or any part of, this announcement and no liability whatsoever is accepted by Beaumont Cornish for the accuracy of any information or opinions contained in this announcement or for the omission of any information. Beaumont Cornish as nominated adviser to the Company owes certain responsibilities to the London Stock Exchange which are not owed to the Company, the Directors, Shareholders, or any other person.

ENDS

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END
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Date   Source Headline
11th Jul 20171:16 pmRNSManica Gold Alluvial Mining Contractor Agreement
29th Jun 201712:17 pmRNSHolding(s) in Company
26th Jun 20178:01 amRNSTotal Voting Rights
22nd Jun 20172:18 pmRNSResult of AGM, Capital Reorganisation
20th Jun 20171:28 pmRNSAlluvial Collaboration Agreement terms amended
20th Jun 201710:56 amRNSYAII EQ Loan Note Conversion
19th Jun 20177:00 amRNSManica Alluvial Mining Contractor Agreement
30th May 20177:05 amRNSNotice of AGM and proposed share consolidation
30th May 20177:00 amRNSAnnual Financial Report
3rd May 201711:57 amRNSTotal Voting Rights
5th Apr 20175:32 pmRNSReorganisation of Loan Agreement and Equity Issue
28th Mar 20173:19 pmRNSAuroch Loan Note Conversion
14th Mar 201711:02 amRNSHolding(s) in Company
14th Mar 20179:35 amRNSTotal Voting Rights
13th Mar 20171:29 pmRNSResult of Meeting
10th Mar 201712:36 pmRNSAuroch loan note conversion, TVR
7th Mar 20175:56 pmRNSHolding(s) in Company
6th Mar 20175:52 pmRNSHolding(s) in Company
28th Feb 20174:23 pmRNSDefinitive Feasibility Study
24th Feb 20172:59 pmRNSNotice of GM
22nd Feb 20174:39 pmRNSAdmission and TVR
16th Feb 20172:40 pmRNSPlacing, issue of equity and TVR
13th Feb 201711:55 amRNSManica alluvial gold collaboration agreement
9th Feb 20172:25 pmRNSSettlement with Auroch Exploration Pty Ltd
1st Feb 201710:31 amRNSTotal Voting Rights
6th Jan 201711:44 amRNSIssue of Equity, Total Voting Rights
3rd Jan 20177:00 amRNSResult of Meeting
22nd Dec 20167:00 amRNSPlacing, Warrants Issue, Directors Dealings, TVR
21st Dec 20167:00 amRNSProposed Placing
14th Dec 20167:00 amRNSCircular, GM and Change of Registered Office
8th Dec 20162:12 pmRNSHolding(s) in Company
30th Nov 20162:01 pmRNSHolding(s) in Company
22nd Nov 201611:24 amRNSHolding(s) in Company
17th Nov 20167:00 amRNSManica project strategic and progress report
14th Nov 20162:19 pmRNSHolding(s) in Company
3rd Nov 20167:00 amRNSSubscription and Equity Swap Agreements
24th Oct 20167:01 amRNSCorporate Update
24th Oct 20167:00 amRNSChange of Adviser
19th Oct 201610:37 amRNSHolding(s) in Company
30th Sep 20167:01 amRNSInterim Results
30th Sep 20167:00 amRNSManica Update
29th Sep 201612:27 pmRNSHolding(s) in Company
22nd Sep 20167:00 amRNSStrategic Review at Chepica Mine
21st Sep 20167:00 amRNSYAGM SEDA Drawdown
13th Sep 201611:30 amRNSBoard Change
31st Aug 20167:00 amRNSChepica Gold Mine - Operational Update
26th Aug 20167:00 amRNSAppointment of Executive Chairman
17th Aug 20167:00 amRNSUpdate re: Manica Project and Chepica Mine
11th Aug 20161:40 pmRNSHolding(s) in Company
28th Jul 201610:40 amRNSHolding(s) in Company

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