Rambler Makes a $500,000 Debt Re-Payment To Spr...
FOR: RAMBLER METALS & MINING PLC
TSX VENTURE SYMBOL: RAB
AIM SYMBOL: RMM
September 3, 2013
Rambler Makes a $500,000 Debt Re-Payment to Sprott Lending Partnership
LONDON, ENGLAND and BAIE VERTE, NEWFOUNDLAND AND LABRADOR--(Marketwired - Sept. 3, 2013) - Rambler Metals and
Mining plc (TSX VENTURE:RAB)(AIM:RMM) ('Rambler' or the 'Company'), a copper and gold producer operating in
Newfoundland and Labrador, Canada, announces that on 30 August 2013 a payment of CAD$500,000 was made to
Sprott Resource Lending Partnership ('Sprott'). This payment reduces the outstanding balance of the Company's
credit facility with Sprott to CAD$ 5.4 million.
Additional information on the loan arrangement with Sprott can be found in the Company press release dated 27
March 2013.
Norman Williams, CFO, commented:
"The repayment of the Sprott facility continues to be a priority for the Company. With production and metal
prices higher than Rambler forecasted, any additional free cash generated from operations can be used to
eliminate this facility."
Neither TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Caution Regarding Forward Looking Statements:
Certain information included in this press release, including information relating to future financial or
operating performance and other statements that express the expectations of management or estimates of future
performance constitute "forward-looking statements". Such forward-looking statements include, without
limitation, statements regarding copper, gold and silver forecasts for fiscal 2014, the financial strength of
the Company, estimates regarding timing of future development and production and statements concerning possible
expansion opportunities for the Company. Where the Company expresses or implies an expectation or belief as to
future events or results, such expectation or belief are based on assumptions made in good faith and believed
to have a reasonable basis. Such assumptions include, without limitation, the price of and anticipated costs of
recovery of, copper concentrate, gold and silver, the presence of and continuity of such minerals at modeled
grades and values, the capacities of various machinery and equipment, the availability of personnel, machinery
and equipment at estimated prices, mineral recovery rates, and others. However, forward-looking statements are
subject to risks, uncertainties and other factors, which could cause actual results to differ materially from
future results expressed, projected or implied by such forward-looking statements. Such risks include, but are
not limited to, interpretation and implications of drilling and geophysical results; estimates regarding timing
of future capital expenditures and costs towards profitable commercial operations. Other factors that could
cause actual results, developments or events to differ materially from those anticipated include, among others,
increases/decreases in production; volatility in metals prices and demand; currency fluctuations; cash
operating margins; cash operating cost per pound sold; costs per ton of ore; variances in ore grade or recovery
rates from those assumed in mining plans; reserves and/or resources; the ability to successfully integrate
acquired assets; operational risks inherent in mining or development activities and legislative factors
relating to prices, taxes, royalties, land use, title and permits, importing and exporting of minerals and
environmental protection. Accordingly, undue reliance should not be placed on forward-looking statements and
the forward-looking statements contained in this press release are expressly qualified in their entirety by
this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and
the Company does not undertake any obligation to update publicly or revise any such forward-looking statements
or any forward-looking statements contained in any other documents whether as a result of new information,
future events or otherwise, except as required under applicable law.
-30-
FOR FURTHER INFORMATION PLEASE CONTACT:
Rambler Metals and Mining
George Ogilvie, P.Eng.
President and CEO
709-800-1929 or 709-800-1921
OR
Rambler Metals & Mining Plc
Corporate Office
+44 (0) 20 8652-2700
+44 (0) 20 8652-2719 (FAX)
www.ramblermines.com
OR
Cantor Fitzgerald Europe
Stewart Dickson / Jeremy Stephenson
+44 (0) 20 7894 7000
OR
Pelham Bell Pottinger
Marcin Zydowicz
+44 (0) 20 7861 3921
OR
Ocean Equities Limited
Guy Wilkes
+44 (0) 20-7786-4370
-0-
Rambler Metals & Mining Plc
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