Archipelago Resources PLC Dividend Declaration (9843J)

TIDMAR.

RNS Number : 9843J

Archipelago Resources PLC

24 July 2013

AIM: AR.

Archipelago Resources plc

("Archipelago" or "the Company")

Dividend Declaration - Inaugural Dividends and Interim Dividend

Archipelago (AIM:AR.) is pleased to confirm the record date and payment date for various declared dividends.

Financial Year ended 31 December 2012

On 11 March 2013 and in respect of the financial year ended 31 December 2012, the Company announced an intention to pay (i) an inaugural dividend of 1.25p per ordinary share; and (ii) a further one-off "special dividend" of 1p per ordinary share ("2012 Inaugural Dividends"). The formal declaration of the Inaugural Dividends was subject to completion of various corporate events, as outlined in the announcement dated 5 July 2013. These have all now been resolved.

Accordingly, the Company is pleased to announced that the 2012 Inaugural Dividends will be payable on 30 August 2013 to ordinary shareholders on the register as at 2 August 2013, with a corresponding ex-dividend date of 31 July 2013.

Half Year ended 30 June 2013

In addition to the 2012 Inaugural Dividends and as announced earlier today in conjunction with the release of the financial results for the 6 months ended 30 June 2013, the Company is also pleased to declare an interim dividend of 0.5p per ordinary share ("2013 Interim Dividend").

The 2013 Interim Dividend will be payable on 27 September 2013 to ordinary shareholders on the register as at 13 September 2013, with a corresponding ex-dividend date of 11 September 2013.

Both the 2012 Inaugural Dividends and 2013 Interim Dividend are declared in accordance with the Company's intention of paying dividends which in total equal at least 10% of operating cash flows for a given period.

FURTHER INFORMATION

 
 
   Archipelago Resources 
   plc 
   President - Corporate 
   Strategy                        +65 6535                        +44 20 7523 
   Matthew Salthouse                   3419                               8000 
---------------------------  --------------  -------------------  ------------ 
                                               Canaccord Genuity 
                                                         Limited 
                                                    Joint Broker 
                                                    Andrew Chubb 
                                                     Christopher 
                                                         Fincken 
---------------------------  --------------  -------------------  ------------ 
 Grant Thornton UK 
  LLP 
  NOMAD 
  Philip Secrett                +44 20 7383 
  David Hignell                        5100 
---------------------------  --------------  -------------------  ------------ 
                                                 Liberum Capital 
                                                         Limited 
   Buchanan                                         Joint Broker 
   Corporate Communication                     Michael Rawlinson 
   Bobby Morse                  +44 20 7466          Christopher   +44 20 3100 
   Gordon Poole                        5000             Kololian          2000 
---------------------------  --------------  -------------------  ------------

ABOUT ARCHIPELAGO

Archipelago is a producing mining company listed on the AIM market of the London Stock Exchange. Archipelago's vision is to grow into a respected and regionally dominant mid-cap gold producer, managing a

portfolio of gold mines and delivering significant value and returns for our shareholders. Archipelago's principal activities are gold mining and exploration in Indonesia (as the 95% owner of the producing Toka Tindung Gold Mine in North Sulawesi, Indonesia). In 2013, Archipelago expects to produce between 140,000 and 155,000 Au Eq oz at a cash cost of between US$620 and US$680 per ounce (net of silver credits).

This information is provided by RNS

The company news service from the London Stock Exchange

END

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