Retraction of ABC Project Scoping Study Release

Summary by AI BETAClose X

Resolute Mining Limited has retracted its announcement regarding the Scoping Study for the ABC Project, Côte d'Ivoire, released on 13 May 2026. The company has been advised by the ASX that the production targets and financial forecasts within the study, which relied entirely on inferred resources, were inconsistent with ASX Listing Rule 5.16.6, meaning there was not a reasonable basis for these forward-looking statements. Investors are cautioned not to rely on the retracted announcement for any investment decisions.

Disclaimer*

Resolute Mining Limited
14 May 2026
 

14 May 2026

 

Retraction: Scoping Study for ABC Project announcement

Resolute Mining Limited (ASX/LSE: RSG; Resolute or the Company) is advising the market that the Company wishes to retract the ASX Announcement titled Scoping Study Confirms Attractive Economics and Growth Potential at ABC Project, Côte d'Ivoire released on the ASX Market Announcements Platform on 13 May 2026 (the Announcement).

The production targets and profile referred to in the Scoping Study (and the financial forecasts based on those) utilize 100% inferred resources.

Following consultation with ASX, the Company has been advised that it did not have a reasonable basis for those forward-looking statements due to the reliance on inferred resources in the production targets, resulting in the published production targets and forecast financial information being inconsistent with the requirements of the ASX Listing Rule 5.16 6. As a result, the Company requested a voluntary trading halt whilst the Company worked with the ASX on resolving the disclosure requirements.

This announcement has been authorized for release by Chris Eger, Managing Director and Chief Executive Officer.

 

Contact

Resolute

Matthias O'Toole-Howes

motoolehowes@resolutemining.com

+44 203 3017 620

Public Relations

Jos Simson, Tavistock

resolute@tavistock.co.uk

+44 207 920 3150

 

Corporate Brokers

Jennifer Lee, Berenberg

+44 20 3753 3040

 

Tom Rider, BMO Capital Markets

+44 20 7236 1010

 

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