BZM Bellzone

TIDMBZM

RNS Number : 5225H

Bellzone Mining PLC

15 November 2018

15 November 2018

Bellzone Mining plc

("Bellzone" or "the Company")

Funding Update

Further to the Company's announcements of 27 September 2018 and 22 October 2018, the Company announces that it continues discussions to raise further funds but at present there has been no definitive agreement entered into to provide further working capital.

The Company's working capital position is tight and there remains the risk that unless further funds are sourced in the near term then the Company would need to invoke an insolvency procedure.

The Company will make further announcements in due course.

Enquiries:

 
 Bellzone Mining plc 
 Simon Edwards                       +44 (0) 7767 492 712 
                                      simon.edwards@bellzone.com 
 
 WH Ireland Limited 
 Nominated Advisor & Joint Broker 
 James Joyce / Jessica Cave          +44 (0) 20 7220 1666 
 SVS Securities plc 
 Joint Broker 
  Tom Curran / Ben Tadd / Nick 
  Aitchison                            +44 (0) 20 3700 0100 
 

http://www.bellzone.com/

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END

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(END) Dow Jones Newswires

November 15, 2018 09:45 ET (14:45 GMT)

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