Change of Adviser

RNS Number : 4662A

Hummingbird Resources PLC

29 September 2015

 

Hummingbird Resources plc / Ticker: HUM / Index: AIM / Sector: Mining

29 September 2015

Hummingbird Resources plc ('Hummingbird' or 'the Company')

 Change of Adviser

Hummingbird Resources plc (AIM: HUM), the West African gold company, advises that it has appointed RFC Ambrian Limited as its Nominated Adviser and joint broker with immediate effect. Beaufort Securities continues to act as the Company's joint broker alongside RFC Ambrian.

**ENDS**

Enquiries:

Daniel Betts Thomas Hill Robert Monro	Hummingbird Resources plc	Tel: [phone]
Samantha Harrison Jonathan Williams	RFC Ambrian Limited Nominated Adviser and Joint Broker	Tel: [phone]
Jon Belliss	Beaufort Securities Limited Joint Broker	Tel: [phone]
Lottie Brocklehurst Felicity Winkles Hugo de Salis	St Brides Partners Ltd Financial PR/IR	Tel: [phone]

Notes to Editors

About Hummingbird Resources Plc

Notes to Editors

Hummingbird Resources (AIM: HUM) is building a leading gold production, development and exploration company.  The Company has two core gold projects, the near-term production Yanfolila Gold Project in Mali and the Dugbe development project in Liberia.  Its current focus is on bringing Yanfolila, which has a 1.8Moz gold inventory, to production in 2016.  The high grade gold project has the potential to turn a profit in a varying gold price environment and will allow for quick returns with low operating costs.  A US$75 million debt facility has been agreed with Taurus Mining and mine construction is now underway with the aim of commencing production in 2016.

The 4.2Moz Dugbe Gold Project in Liberia provides Hummingbird with excellent development upside.  An optimisation of the DFS is on-going whilst Yanfolila is brought to production in the near-term.  Additionally, the Company has 5,000km² highly prospective exploration ground in Mali and Liberia and is constantly evaluating new quality assets.

For more information, please visit www.hummingbirdresources.co.uk

 

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