Information  X 
Enter a valid email address

Jangada Mines PLC (JAN)

  Print      Mail a friend

Tuesday 29 September, 2020

Jangada Mines PLC

Change in Financial Year End

RNS Number : 3658A
Jangada Mines PLC
29 September 2020
 

Jangada Mines plc / EPIC: JAN.L / Market: AIM / Sector: Mining

29 September 2020

Jangada Mines plc

 

Change in Financial Year End

 

Jangada Mines plc ('Jangada' or 'the Company'), a natural resources company, announces that it is changing its financial year end from 30 June to 31 December with immediate effect. This change is driven by cost efficiencies in aligning its financial year end to that of ValOre Metals Corp ('ValOre'), in which Jangada has a current 17.68 per cent. interest in and representation on the ValOre board, as well as that of Jangada's Brazilian subsidiaries.

 

Upcoming reporting

In line with the guidance issued by AIM Regulation in an Inside AIM notification dated 9 June 2020, and the ongoing COVID-19 related disruption to processes, the Company is availing of the one month extension to the date by which it is required under AIM Rule 18 to publish its interim accounts for the six months ended 30 June 2020. Accordingly, the Company is required to publish its 2020 interim accounts by 31 October 2020.

 

Thereafter, Jangada commits to releasing its audited financial statements and annual report for the eighteen months ended 31 December 2020 by the end of Q1 2021. From then on, the Company's financial reporting will be in line with AIM Rules 18 and 19.

 

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

 

**ENDS**

 

For further information please visit www.jangadamines.com or contact:

 

Jangada Mines plc

Brian McMaster (Chairman)

Tel: +44 (0) 20 7317 6629

 

 

 

Strand Hanson Limited

(Nominated & Financial Adviser)

James Spinney

Ritchie Balmer

Jack Botros

Tel: +44 (0)20 7409 3494

 

 

 

Brandon Hill Capital

(Broker)

Jonathan Evans

Oliver Stansfield

Tel: +44 (0)20 3463 5000

 

 

 

St Brides Partners Ltd

(Financial PR)

Charlotte Page

Beth Melluish

Tel: +44 (0)20 7236 1177

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCKVLFLBKLXBBK

a d v e r t i s e m e n t