Griffin Mining Limited RECEIPT OF FURTHER DIVIDENDS FROM CHINA (0943V)
29 November 2023 - 11:05PM
UK Regulatory
TIDMGFM
RNS Number : 0943V
Griffin Mining Limited
29 November 2023
8(th) Floor, Royal Trust House, 54 Jermyn Street, London. SW1Y
6LX. United Kingdom
Telephone: + 44 (0)20 7629 7772 Facsimile: + 44 (0)20 7629
7773
E mail: griffin@griffinmining.com
Receipt of Further Dividends from China
29(th) November 202 3
Griffin Mining Ltd ("the "Company" with its subsidiaries "the
Group") is pleased to announce that on 24(th) November 2023, it
received into the Group's bank accounts outside of China, a further
dividend from its operating Chinese subsidiary, Hebei Hua Ao Mining
Industry Company Limited, in the amount of Renminbi75 million
(US$10.5 million) less PRC withholding tax of 5%. The net funds
were received in the normal course of business and in normal
electronic wire transfer times.
About Griffin Mining Limited
Griffin Mining Limited's shares are quoted on the Alternative
Investment Market (AIM) of the London Stock Exchange (symbol GFM).
Griffin Mining Limited owns and operates in China, through its
88.8% owned Joint Venture stock company, the Caijiaying Zinc Gold
Mine, a profitable mine producing zinc, gold, silver, and lead
metals in concentrates. For more information, please visit the
Company's website www.griffinmining.com.
Further information
Griffin Mining Limited
Mladen Ninkov - Chairman Telephone: +44(0)20 7629 7772
Roger Goodwin - Finance Director
Panmure Gordon (UK) Limited Telephone: +44 (0)20 7886 2500
John Prior
Dougie McLeod
Berenberg Telephone: +44(0)20 3207 7800
Matthew Armitt
Jennifer Lee
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) No. 596/2014
Griffin Mining Limited's shares are quoted on the Alternative
Investment Market (AIM) of the London Stock Exchange (symbol
GFM).
The Company's news releases are available on the Company's web
site: www.griffinmining.com
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END
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