Avocet Mining PLC Annual Report and Notice of AGM (3347H)
June 06 2017 - 11:52AM
UK Regulatory
TIDMAVM
RNS Number : 3347H
Avocet Mining PLC
06 June 2017
Publication of Annual Report and Accounts 2016 and Notice of
Annual General Meeting 2017
Avocet Mining PLC, ("Avocet" or "the Company"), the West African
focused gold mining and exploration company, has today published
its Annual Report and Accounts for the year ended 31 December 2016
on its website - www.avocetmining.com
The Annual Report and Accounts will also be mailed to those
shareholders who have elected to receive it in hard copy.
The Company has requested the restoration of trading of its
shares, which it expects shortly.
The Company also announces that the Annual General Meeting of
Shareholders ("AGM") will be held at 3pm on 30 June 2017 at the
offices of Fieldfisher LLP, Riverbank House, 2 Swan Lane, London
EC4R 3TT. A Notice of Meeting for the AGM and related forms of
proxy will also be sent to shareholders.
Latest time and date for receipt of a Form of Proxy 3.00 p.m. on 28 June 2017
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Latest time and date for receipt of a CREST proxy instruction 3.00 p.m. on 28 June 2017
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Time of meeting 3.00 p.m. on 30 June 2017
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In compliance with LR9.6.1, a copy the Notice of AGM will
shortly be available for inspection at the Financial Conduct
Authority's National Storage Mechanism website
http://www.hemscott.com/nsm.do and will also be available on the
Company's website at www.avocetmining.com
FOR FURTHER INFORMATION PLEASE CONTACT
Avocet Mining PLC Blytheweigh J.P. Morgan Cazenove
Financial PR Corporate Broker
Boudewijn Wentink, CEO Tim Blythe Michael Wentworth-Stanley
Yolanda Bolleurs, CFO Camilla Horsfall
Megan Ray
+44 20 3709 2570 +44 207 138 3204 +44 20 7742 4000
NOTES TO EDITORS
Avocet Mining PLC ("Avocet" or the "Company") is an unhedged
gold mining and exploration company listed on the London Stock
Exchange (ticker: AVM.L) and the Oslo Børs (ticker: AVM.OL). The
Company's principal activities are gold mining and exploration in
West Africa.
In Burkina Faso the Company owns 90 per cent of the Inata Gold
Mine. The Inata Gold Mine poured its first gold in December 2009
and produced 72,485 ounces of gold in 2016. Other assets in Burkina
Faso include five exploration permits surrounding the Inata Gold
Mine in the broader Bélahouro region. The most advanced of these
projects is Souma, some 20 kilometers from the Inata Gold Mine.
The Company also holds an interest in the Tri-K project in
Guinea. On 22 May 2017, the Company announced that it had completed
its agreement to dispose of 40 per cent of the project to Managem,
a Moroccan group listed on the Casablanca stock exchange, which
will increase upon completion of a bankable feasibility study for a
CIL plant at the site, the incurring of expenditures of at least
US$10 million, and the enlarging of the ore reserve, to 70 per cent
(in the event of an increase of the reserve to 1 million ounce or
more) or 60 per cent (if less than 1 million ounces).
This information is provided by RNS
The company news service from the London Stock Exchange
END
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