Marula Mining
PLC
("Marula"
or the "Company")
1
July 2024
Delay to the publication of
audited accounts for the year ended 31 December
2023
&
Temporary
suspension
Marula Mining (AQSE: MARU, A2X:
MARU) an African focused mining and development company, announces
a delay to the completion and publication of its audited accounts
for the year to 31 December 2023. Accordingly, pursuant to
Rule 5.1 of the AQSE Growth Market Apex Rulebook, a temporary
suspension of trading in the Company's shares will take effect from
08:00 today (1 July 2024).
The Company anticipates that it will
be in a position to publish its final results shortly, following
which trading in its shares will be restored. A further
announcement will be made in due course.
The
Directors of Marula are responsible for the contents of this
announcement. This announcement contains inside information for the
purposes of UK Market Abuse Regulation.
About Marula Mining
Marula Mining (AQSE: MARU A2X: MARU)
is an African focused battery metals investment and exploration
company and has interests in several high value mine projects in
Africa; the Blesberg Lithium and Tantalum Mine in South Africa, the
Kinusi Copper Mine, the Nyorinyori Graphite Project, the NyoriGreen
Graphite Project and the Bagamoyo Graphite Project all in Tanzania
and the Nkombwa Hill Project in Zambia. As we advance operations at
these battery metals focused projects, Marula will continue to
build and expand its interests in other high-quality projects in
Africa.
Marula's strategy is to identify and
invest in advanced and high-value mining projects throughout East,
Central and Southern Africa that the Directors believe would
deliver returns for its shareholders. The Board and management team
aims to establish Marula as a socially and environmentally
responsible, sustainable, and profitable producer of critical
metals and commodities that are of increasingly strategic
importance to modern technologies and the global economy. Marula's
shares are traded on the AQUIS Stock Exchange (AQSE) and South
Africa's Independent Exchange the A2X Markets, Marula is seeking a
further dual listing on Kenya's Nairobi Securities Exchange and
South Africa's Johannesburg Stock Exchange.
For enquiries
contact:
Marula Mining PLC
Jason Brewer,
Chief Executive Officer
Faith Kinyanjui Mumbi
Investor Relations
|
Email :
jason@marulamining.com
Email :
info@marulamining.com
|
AQSE
Corporate Adviser
Cairn Financial Advisers LLP,
Liam
Murray / Ludovico Lazzaretti
|
+44 (0)20
7213 0880
|
Broker
Peterhouse Capital Limited,
Charles Goodfellow / Duncan Vasey
|
+44
(0)20 7469 0930
|
Financial PR and IR
BlytheRay
Tim
Blythe / Megan Ray / Said Izagaren
|
+44 (0)20 7138 3204
|
AcaciaCap Advisors Proprietary Limited
Sponsor
Michelle Krastanov
|
+27 (11)
480 8500
|
Caution:
Certain statements in this
announcement, are, or may be deemed to be, forward looking
statements. Forward looking statements are identified by their use
of terms and phrases such as ''believe'', ''could'', "should"
''envisage'', ''estimate'', ''intend'', ''may'', ''plan'',
''potentially'', "expect", ''will'' or the negative of those,
variations or comparable expressions, including references to
assumptions. These forward-looking statements are not based on
historical facts but rather on the Directors' current expectations
and assumptions regarding the Company's future growth, results of
operations, performance, future capital and other expenditures
(including the amount, nature and sources of funding thereof),
competitive advantages, business prospects and opportunities. Such
forward looking statements reflect the Directors' current beliefs
and assumptions and are based on information currently available to
the Directors.