InvestorMeet - Tharisa production and Karo update

RNS Number : 4891C

Tharisa PLC

11 October 2022

 

Tharisa plc

(Incorporated in the Republic of Cyprus with limited liability)

(Registration number HE223412)

JSE share code: THA

LSE share code: THS

A2X share code: THA

ISIN: CY0103562118

LEI: 213800WW4YWMVVZIJM90

('Tharisa' or the 'Company')

INVESTOR PRESENTATION: THARISA PRODUCTION REPORT FOR THE FOURTH QUARTER AND YEAR ENDED 30 SEPTEMBER 2022 AND KARO MINING HOLDINGS UPDATE

Tharisa, the platinum group metals (PGMs) and chrome co-producer dual-listed on the Johannesburg and London stock exchanges, is pleased to announce that Tharisa CEO Phoevos Pouroulis and Karo Mining Holdings ('Karo') Managing Director Bernard Pryor will provide a live presentation relating to production and cash balance numbers for Q4 and financial year ended 2022, as well as an update on Karo.

The update will be held via the Investor Meet Company platform on 12 October 2022 at 3:00 pm BST/ 4:00 pm RSA time.

The presentation will cover an operational update and delve into development timelines and funding plans for Karo, a tier one Platinum Group Metals development asset on the Great Dyke in Zimbabwe, majority owned by Tharisa.

The presentation is open to all existing and potential shareholders. A copy of the presentation will be available on www.tharisa.com and www.karomining.com prior to the live presentation.

Questions can be submitted pre-event via your Investor Meet Company dashboard up until 9:00 am BST the day before the meeting or at any time during the live presentation.

Investors can sign up to Investor Meet Company for free and add to meet THARISA PLC via:

https://www.investormeetcompany.com/tharisa-plc/register-investor

Investors who already follow THARISA PLC on the Investor Meet Company platform will automatically be invited.

Paphos, Cyprus

11 October 2022

JSE Sponsor

Investec Bank Limited

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Investor Relations Contacts:

Ilja Graulich (Head of Investor Relations and Communications)

[phone]

[phone]

[e-mail]

Financial PR Contacts:

Bobby Morse / Ariadna Peretz

[phone]

[e-mail]

Broker Contacts:

Peel Hunt LLP (UK Joint Broker)

Ross Allister / David McKeown

[phone]

BMO Capital Markets Limited (UK Joint Broker)

Thomas Rider / Pascal Lussier Duquette / Nick Macann

[phone]

Berenberg (UK Joint Broker)

Matthew Armitt / Jennifer Lee / Detlir Elezi

[phone]

Nedbank Limited (acting through its Corporate and Investment Banking division) (RSA Broker)

Carlyle Whittaker

[phone]

About Tharisa

Tharisa is an integrated resource group critical to the energy transition and decarbonisation of economies. It incorporates mining, processing, exploration, and the beneficiation, marketing, sales, and logistics of PGMs and chrome concentrates, using innovation and technology as enablers. Its principal operating asset is the Tharisa Mine located in the south-western limb of the Bushveld Complex, South Africa. The mechanised mine has a 20-year open-pit life and the ability to extend operations underground by at least an additional 40 years. Tharisa also owns Karo Mining Holdings and Salene Chrome, development stage, low-cost, open-pit PGM and chrome assets respectively, located on the Great Dyke in Zimbabwe. The Company is committed to reducing its carbon emissions by 30% by 2030 and the development of a roadmap is continuing to be net carbon neutral by 2050. Tharisa plc is listed on the Johannesburg Stock Exchange (JSE: THA) and the Main Board of the London Stock Exchange (LSE: THS).

 

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