ALTYN PLC: Altyn Plc: Extension to subsoil mining contract at Sekisovskoye
May 18 2020 - 2:00AM
UK Regulatory
TIDMALTN
18 May 2020
Altyn Plc
("Altyn" or the "Company")
Extension to subsoil mining contract at Sekisovskoye
The Company has achieved an important milestone in the extension
of its mining contract at Sekisovskoye to 2030.
Altyn is pleased to announce that the State Ecological Expertise
Agency of Eastern Kazakhstan's region has approved the plan of
mining operations and environmental impact assessment (OVOS) of the
Sekisovskoye deposit.
Specifically, these new permissions regarding environmental
emissions and environmental protection measures were granted to
Altyn PLC's subsidiary Baurgold LLP for 2020-2029.
Following this approval Altyn anticipates a successful review
over the coming months of addendum #8 of the subsoil contract #555
for the Sekisovskoye deposit with the Ministry of Investment and
Infrastructural Development of Kazakhstan for the extension of its
contract until 2030.
The Company will update shareholders upon the finalisation of
the renewal.
Further Information:
For further information please contact:
Altyn Plc
Rajinder Basra
+44 (0) 207 932 2455
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014.
Information on the Company
Altyn Plc (LSE:ALTN) is an exploration and development company,
which is listed on the standard segment of the London Stock
Exchange.
To read more about Altyn Plc please visit our website
www.altyn.uk
View source version on businesswire.com:
https://www.businesswire.com/news/home/20200517005001/en/
CONTACT:
Altyn Plc
SOURCE: Altyn Plc
Copyright Business Wire 2020
(END) Dow Jones Newswires
May 18, 2020 02:00 ET (06:00 GMT)
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