TIDMASO

RNS Number : 2208M

Avesoro Resources Inc.

26 April 2018

26 April 2018

Avesoro Resources Inc.

TSX: ASO

AIM: ASO

NOTICE OF ANNUAL GENERAL MEETING

Avesoro Resources Inc. ("Avesoro" or the "Company"), the TSX and AIM listed West African gold producer, is pleased to announce that the annual general meeting of shareholders of the Company will be held at the offices of Pillsbury Winthrop Shaw Pittman LLP, Tower 42, Level 21, 25 Old Broad Street, London, EC2N 1HQ, United Kingdom, on Tuesday, May 22, 2018 at 10:30 a.m. (British Summer Time).

The notice of meeting, information circular and other meeting materials (the "Proxy Materials") have been filed under the Company's profile on www.sedar.com. A copy of the Proxy Materials and the annual accounts for the year ended December 31, 2017 (the "Accounts") have been distributed to registered shareholders of the Company. Electronic copies of the Accounts and the Proxy Materials are available on the Company's website at www.avesoro.com.

Contact Information

 
Avesoro Resources Inc. 
 Geoff Eyre / Nick Smith 
 Tel: +44(0) 20 3874 4740 
---------------------------  ---------------------------- 
Camarco                      finnCap 
 (IR / Financial PR)          (Nominated Adviser and 
 Gordon Poole / Nick Hennis   Joint Broker) 
 Tel: +44(0) 20 3757 4980     Christopher Raggett 
                              / Scott Mathieson / 
                              Emily Morris Tel: +44(0) 
                              20 7220 0500 
---------------------------  ---------------------------- 
Berenberg                    Hannam & Partners (Advisory) 
 (Joint Broker)               LLP 
 Matthew Armitt / Charlotte   (Joint Broker) 
 Sutcliffe                    Rupert Fane / Ingo Hofmaier 
 Tel: +44(0) 20 3207 7800     / Ernest Bell 
                              Tel: +44(0) 20 7907 
                              8500 
---------------------------  ---------------------------- 
 

About Avesoro Resources Inc.

Avesoro Resources is a West Africa focused gold producer and development company that operates three gold mines across West Africa and is listed on the Toronto Stock Exchange ("TSX") and the AIM market operated by the London Stock Exchange ("AIM"). The Company's assets include the New Liberty Gold Mine in Liberia (the "New Liberty Gold Mine" or "New Liberty") and the Youga and Balogo Gold mines in Burkina Faso ("Youga" and "Balogo").

New Liberty has an estimated proven and probable mineral reserve of 7.4Mt with 717,000 ounces of gold grading 3.03g/t and an estimated measured and indicated mineral resource of 9.6Mt with 985,000 ounces of gold grading 3.2g/t and an estimated inferred mineral resource of 6.4Mt with 620,000 ounces of gold grading 3.0g/t. The foregoing Mineral Reserve and Mineral Resource estimates and additional information in connection therewith is set out in an NI 43-101 compliant Technical Report dated November 1, 2017 and entitled "New Liberty Gold Mine, Bea Mountain Mining Licence Southern Block, Liberia, West Africa" and is available on SEDAR at www.sedar.com.

Youga and Balogo have a combined estimated proven and probable mineral reserve of 9.3Mt with 513,000 ounces of gold grading 1.7g/t and a combined estimated indicated mineral resource of 16.05Mt with 801,600 ounces of gold grading 1.55g/t and a combined inferred mineral resource of 13Mt with 655,000 ounces of gold grading 1.57g/t. The foregoing Mineral Reserve and Mineral Resource estimates and additional information in connection therewith is set out in two NI 43-101 compliant Technical Reports, dated June 16, 2017 entitled "Mineral Resource and Mineral Reserve Update for the Balogo Project" and dated June 19, 2017 and entitled "Mineral Resource and Mineral Reserve Update for the Youga and Ouaré Projects" and are available on SEDAR at www.sedar.com.

For more information, please visit www.avesoro.com

Qualified Persons

The Company's Qualified Person is Mark J. Pryor, who holds a BSc (Hons) in Geology & Mineralogy from Aberdeen University, United Kingdom and is a Fellow of the Geological Society of London, a Fellow of the Society of Economic Geologists and a registered Professional Natural Scientist (Pr.Sci.Nat) of the South African Council for Natural Scientific Professions. Mark Pryor is an independent technical consultant with over 25 years of global experience in exploration, mining and mine development and is a "Qualified Person" as defined in National Instrument 43 -101 "Standards of Disclosure for Mineral Projects" of the Canadian Securities Administrators and has reviewed and approved this press release. Mr. Pryor has verified the underlying technical data disclosed in this press release.

This information is provided by RNS

The company news service from the London Stock Exchange

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