Goldplat plc Result Of Agm
24 October 2017 - 12:30AM
UK Regulatory
TIDMGDP
Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration
23 October 2017
Goldplat plc ('Goldplat' or 'the Company')
Result of AGM
Goldplat, the AIM quoted gold producer with international gold recovery
operations located in South Africa and Ghana and a gold mine in Kenya,
is pleased to announce that all resolutions were duly passed at the
Company's Annual General Meeting held earlier today.
** ENDS **
For further information visit www.goldplat.com, follow on Twitter
@GoldPlatPlc or contact:
Gerard Kisbey-Green Goldplat plc Tel: +27 (71) 8915775
(CEO)
Colin Aaronson / Jen Grant Thornton UK LLP Tel: +44 (0) 20 7383 5100
Clarke/ Daniel Bush (Nominated Adviser)
Andrew Raca / Justin VSA Capital Limited Tel: +44 (0) 20 3005 5000
McKeegan (Broker)
Charlotte Page / Susie St Brides Partners Ltd Tel: +44 (0) 20 7236 1177
Geliher (Financial PR)
About Goldplat
Goldplat plc is an AIM quoted gold producer with two market leading
recovery operations in South Africa and Ghana and an operational gold
mine in Kenya. The Company produced 42,857 ounces of gold during FY
2017, with 40,285 gold equivalent ounces sold and transferred, resulting
in an operating profit from continuing operations of GBP2.9m for the
year. This result does not benefit from the increased processing
capacity that was achieved at the Kilimapesa Gold Mine towards the end
of FY 2017, with operational profitability achieved during last two
months of FY 2017. Accordingly, the Company believes it is well placed
to build upon production and profitability during FY 2018.
The Company's strategy is focussed on utilising cash flow generated from
its flagship gold recovery and mining operations to self-fund the
sustainable growth and expansion of its niche gold recovery business
model internationally. The Company is also committed to increasing its
primary mining production output through acquisition / gaining interests
in producing or near-production assets, preferably in Africa. Goldplat
retains exposure to a small exploration project in Ghana, in which
Ashanti Gold Corp. is earning an interest via an earn-in option
agreement.
This announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: Goldplat plc via Globenewswire
(END) Dow Jones Newswires
October 23, 2017 09:30 ET (13:30 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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