First Instalment of Final Bibiani Tranche Paid

RNS Number : 9512Z
Resolute Mining Limited
20 September 2022
 

20 September 2022

 

Resolute Mining Limited

(Resolute or the Company)

 

First instalment of final Bibiani tranche paid

`

 

 

Resolute Mining Limited (Resolute or the Company) (ASX/LSE: RSG) is pleased to announce that it has received the first payment of $10 million under the deferred payment arrangement for the final tranche of $30 million (plus $2.7 million in respect of an environmental bond) from Asante Gold Corporation(Asante).

The remaining payments due from Asante are:

· payment of $10 million on or before 19 October 2022; and

· payment of $12.7 million and all interest payable on or before 18 November 2022 (see ASX Announcement "Half Year Financial Results and Accounts" dated 25 August 2022 for further details).

 

 

For further information, contact:

Resolute   

James Virgo, GM Finance and Investor Relations  

contact@rml.com.au    

+61 8 9261 6100  

 

Media   

Cameron Morse, FTI Consulting   

cameron.morse@fticonsulting.com    

+61 433 886 871  

 

Public Relations   

Jos Simson / Emily Moss, Tavistock   

resolute@tavistock.co.uk    

+44 207 920 3150  / +44 7788 554 035

 

Corporate Broker   

Matthew Armitt / Jennifer Lee, Berenberg  

+44 20 3207 7800  

 

 

Authorised by Mr Terry Holohan , Managing Director and Chief Executive Officer

 

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