Hummingbird Resources PLC Subscription Agreement Update
20 November 2024 - 6:00PM
RNS Regulatory News
RNS Number : 8718M
Hummingbird Resources PLC
20 November 2024
THIS ANNOUNCEMENT CONTAINS INSIDE
INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE
REGULATION (EU) NO.596/2014 AS AMENDED AND TRANSPOSED INTO UK LAW
IN ACCORDANCE WITH THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("UK
MAR").
UPON THE PUBLICATION OF THIS
ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE THIS INSIDE
INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC
DOMAIN.
Hummingbird Resources plc / Ticker:
HUM / Index: AIM / Sector: Mining
20 November
2024
Hummingbird Resources
plc
("Hummingbird", the "Group" or the
"Company")
Subscription Agreement Update
Hummingbird Resources plc (AIM: HUM) announces
that, further to its previous update on 6 November 2024, the
Company continues to engage constructively with the Coris Parties
and their advisers to finalise the subscription agreement. The
Company anticipates providing a further update on this matter in
the coming days.
**ENDS**
Notes to Editors:
Hummingbird
Resources plc (AIM: HUM) is a leading multi-asset,
multi-jurisdiction gold producing Company, member of the World Gold
Council and founding member of Single Mine Origin
(www.singlemineorigin.com).
The Company currently has two core gold projects, the operational
Yanfolila Gold Mine in Mali, and the Kouroussa Gold Mine in Guinea,
which will more than double current gold production once at
commercial production. Further, the Company has a controlling
interest in the Dugbe Gold Project in Liberia that is being
developed by joint venture partners, Pasofino Gold Limited. The
final feasibility results on Dugbe showcase 2.76Moz in Reserves and
strong economics such as a 3.5-year capex payback period once in
production, and a 14-year life of mine at a low AISC profile. Our
vision is to continue to grow our asset base, producing profitable
ounces, while central to all we do being our Environmental, Social
& Governance ("ESG") policies and practices.
For further information, please
visit Hummingbirdresources.co.uk or
contact:
Daniel Betts,
CEO
Thomas Hill,
FD
Edward Montgomery,
CD
|
Hummingbird Resources
plc
|
Tel: +44 (0) 20 7409
6660
|
James
Spinney
Ritchie
Balmer
|
Strand Hanson
Limited
Nominated
Adviser
|
Tel: +44
(0) 20 7409 3494
|
James
Asensio
Charlie Hammond
|
Canaccord Genuity
Limited
Broker
|
Tel: +44 (0) 20 7523
8000
|
Bobby Morse
Oonagh
Reidy
George Pope
|
Buchanan
Financial
PR/IR
|
Tel: +44 (0) 20
7466 5000
Email: HUM@buchanan.uk.com
|
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact
rns@lseg.com or visit
www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our
Privacy
Policy.
END
UPDBCBDBCXBDGSC
Hummingbird Resources (LSE:HUM)
Historical Stock Chart
From Oct 2024 to Nov 2024
Hummingbird Resources (LSE:HUM)
Historical Stock Chart
From Nov 2023 to Nov 2024