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Ceasing to be a substantial holder

17 Jan 2020 07:39

RNS Number : 1399A
Resolute Mining Limited
17 January 2020
 

17 January 2020

Resolute Mining Limited

(Resolute or the Company)

Form 605

Notice of ceasing to be a substantial holder

 

Resolute Mining Limited (ASX/LSE: RSG) advises that Credit Suisse Holdings (Australia) Limited (on behalf of Credit Suisse Group AG and its affiliates) ("Credit Suisse") has issued a Form 605 titled "Notice of ceasing to be a substantial holder" to the Australian Securities Exchange.

A full PDF version of the Form 605 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

 

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 / Jennifer Wyllie / Detlir Elezi

Telephone: +44 20 3207 7800

 

Tavistock (UK Public Relations)

Jos Simson / Emily Moss / Annabel de Morgan / Oliver Lamb

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 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.

Resolute's production and cost guidance for the 2020 financial year is 500,000 ounces of gold at an All-In Sustaining Cost of US$980 per ounce.

Resolute owns four gold mines with a Global Mineral Resource base of more than 18 million ounces of gold. Resolute's 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 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 ~140,000 ounces of gold. The Ravenswood Gold Mine in Australia and the Bibiani Gold Mine in Ghana are existing largescale assets which provide significant optionality.

Resolute trades on the Australian Securities Exchange (ASX) and the London Stock Exchange (LSE) under the ticker RSG.

 

ASX/LSE: RSG Capital Summary

Fully Paid Ordinary Shares: 903,153,734

Current Share Price (ASX):A$1.19 as at 17 January 2020

Market Capitalisation: A$1.07 Billion

FY19 Guidance (to 31 December):

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

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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