20 Sep 2022 07:00
20 September 2022
Resolute Mining Limited
(Resolute or the Company)
First instalment of final Bibiani tranche paid
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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
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Authorised by Mr Terry Holohan, Managing Director and Chief Executive Officer
Resolute Mining (RSG)