Second instalment of final Bibiani tranche paid

RNS Number : 4984D

Resolute Mining Limited

20 October 2022

 

20 October 2022

Second 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 second 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 payment due from Asante is 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).

Resolute James Virgo, GM Finance and Investor Relations [e-mail] [phone] Media  Cameron Morse, FTI Consulting [e-mail] [phone]

Public Relations Jos Simson, Tavistock [e-mail] [phone] Emily Moss, Tavistock [e-mail] [phone] Corporate Broker  Matthew Armitt, Berenberg Detlir Elezi, Berenberg [phone]

Contact Information

Authorised by Mr. Terry Holohan, Managing Director & CEO

 

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