15 Nov 2018 14:45
15 November 2018
Bellzone Mining plc
("Bellzone" or "the Company")
Funding Update
Further to the Company's announcements of 27 September 2018 and 22 October 2018, the Company announces that it continues discussions to raise further funds but at present there has been no definitive agreement entered into to provide further working capital.
The Company's working capital position is tight and there remains the risk that unless further funds are sourced in the near term then the Company would need to invoke an insolvency procedure.
The Company will make further announcements in due course.
Enquiries:
Bellzone Mining plc | |
Simon Edwards | +44 (0) 7767 492 712 simon.edwards@bellzone.com |
WH Ireland Limited | |
Nominated Advisor & Joint Broker | |
James Joyce / Jessica Cave
| +44 (0) 20 7220 1666 |
SVS Securities plc | |
Joint Broker Tom Curran / Ben Tadd / Nick Aitchison
|
+44 (0) 20 3700 0100 |
http://www.bellzone.com/
Bellzone Mining (BZM)