TIDMAR.

RNS Number : 6861I

Archipelago Resources PLC

05 July 2013

5 July 2013

AIM: AR.

Archipelago Resources plc

("Archipelago" or "the Company")

Corporate Matters

Further to the announcement of 28 May 2013, Archipelago is pleased to confirm that the Company's new finance facility with Standard Chartered Bank and PT Bank Permata TBK is now in place and financial close has occurred under the facility.

In addition, as referred to in Archipelago's releases of 11 March and 30 May 2013, the Company's share premium account reduction has now been finalised, which process was undertaken to enable payment of the previously announced proposed inaugural dividends.

Prior to finalising the proposed inaugural dividend payments, Archipelago will complete and publish its interim financial statements for the six month period ended 30 June 2013. The interim statements are expected to be released in late July 2013. The Company intends to provide further information on dividend record and payment dates at that time.

FURTHER INFORMATION

 
 
   Archipelago Resources 
   plc 
   President - Corporate 
   Strategy                     +65 6535                           +44 20 7523 
   Matthew Salthouse            3419                                8000 
---------------------------  --------------  -------------------  ------------ 
                                              Canaccord Genuity 
                                               Limited 
                                               Joint Broker 
                                               Andrew Chubb 
                                               Christopher 
                                               Fincken 
---------------------------  --------------  -------------------  ------------ 
 Grant Thornton UK 
  LLP 
  NOMAD 
  Philip Secrett              +44 20 7383 
  David Hignell                5100 
---------------------------  --------------  -------------------  ------------ 
                                              Liberum Capital 
                                               Limited 
   Buchanan                                    Joint Broker 
   Corporate Communication                     Michael Rawlinson 
   Bobby Morse                  +44 20 7466    Christopher         +44 20 3100 
   Gordon Poole                 5000           Kololian             2000 
---------------------------  --------------  -------------------  ------------

ABOUT ARCHIPELAGO

Archipelago is a producing mining company listed on the AIM market of the London Stock Exchange. Archipelago's vision is to grow into a respected and regionally dominant mid-cap gold producer, managing a

portfolio of gold mines and delivering significant value and returns for our shareholders. Archipelago's principal activities are gold mining and exploration in Indonesia (as the 95% owner of the producing Toka Tindung Gold Mine in North Sulawesi, Indonesia). In 2013, Archipelago expects to produce between 140,000 and 155,000 Au Eq oz at a cash cost of between US$620 and US$680 per ounce (net of silver credits).

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCEASXSEADDEEF

Archipelago Resources (LSE:AR.)
Gráfica de Acción Histórica
De Oct 2024 a Nov 2024 Haga Click aquí para más Gráficas Archipelago Resources.
Archipelago Resources (LSE:AR.)
Gráfica de Acción Histórica
De Nov 2023 a Nov 2024 Haga Click aquí para más Gráficas Archipelago Resources.