Galileo Resources PLC Star Zinc Marketing Agreement (4733G)

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RNS Number : 4733G

Galileo Resources PLC

25 November 2020

Dissemination of a regulatory announcement that contains inside information according to Regulation (EU) number 596/2014 (MAR)

For immediate release

25 November 2020

Galileo Resources Plc

("Galileo" or "the Company")

Star Zinc Marketing Agreement

Galileo Resources plc ("Galileo "or the "Company") is pleased to announce that it has signed a marketing agreement with Zopco S.A. ("ZopCo") in relation to the potential sale of zinc willemite ore from the group's 95% owned Star Zinc project in Zambia.

Highlights

-- Zopco are a Geneva based independent trading company focussed on non-ferrous metals and concentrates

   --     The appointment is on a global basis and a number of potential off-takes are being finalised

Colin Bird Chairman & CEO said:

"We are pleased to have entered into a marketing agreement with ZopCo who have extensive market knowledge, and expertise. We have taken this decision to extend our options on the marketing of product from the Star Zinc project in what appears to be a rising zinc market."

You can also follow Galileo on Twitter: @GalileoResource

For further information, please contact: Galileo Resources PLC

 
 Colin Bird, Chairman                 Tel +44 (0) 20 7581 
                                       4477 
 Beaumont Cornish Limited - Nomad     Tel +44 (0) 20 7628 
  Roland Cornish/James Biddle          3396 
                                    ---------------------- 
 Novum Securities Limited - Joint 
  Broker 
  Colin Rowbury /Jon Belliss          +44 (0) 20 7399 9400 
                                    ---------------------- 
 Shard Capital Partners LLP -         Tel +44 (0) 20 7186 
  J oint Broker                        9952 
  Damon Heath 
                                    ----------------------

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