Further re LSG disposal

RNS Number : 5786V

Hochschild Mining PLC

03 November 2010

 



Hochschild Mining plc ("the Company")

Further to the announcement of 14 October 2010, the Company confirms the completion of the sale of 109,000,000 common shares in Lake Shore Gold Corp ("LSG").

As a result of the sale, the Strategic Alliance Agreement between the Company and LSG has been terminated and the Hochschild-appointed directors including Roberto Dañino and Ignacio Bustamante have resigned from the Board of LSG with immediate effect.

The Company continues to hold 21,540,992 common shares in LSG, representing approximately 6% of issued and outstanding common shares.

 

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