Stratmin Global Resources PLC Maiden Graphite Shipment from Loharano Plant (0388Y)

TIDMSTGR

RNS Number : 0388Y

Stratmin Global Resources PLC

18 February 2013

 
  18 February 2013   For Immediate Release

StratMin Global Resources plc

("Stratmin" or the "Company")

Maiden Graphite Shipment from Loharano Graphite Plant

StratMin Global Resources Plc (AIM: STGR), the London listed graphite production and exploration company, is pleased to announce the first shipment from its 100% owned subsidiary Graphmada's Loharano Graphite plant. A maiden shipment of 20 tonnes of flake graphite has been delivered from the processing facility to the container port at Taomasina. The product is ready for shipment and contracted to a customer in the United States.

Highlights:

   --     Maiden shipment of 20 tonnes of flake graphite 
   --     Shipment destined for a customer in the United States 
   --     Production ramp up is progressing

Gobind Sahney, Chairman of StratMin, commented: "This maiden shipment represents an important milestone for Stratmin. It also demonstrates the Company's ability to explore, extract, and ship graphite. The board and I would like to congratulate all parties involved on our first shipment."

The Loharano graphite plant enjoys direct paved highway access to the port of Toamasina, which handles over 90% of the containerized freight to and from Madagascar. Graphite for export is bagged, palletized and loaded into ocean going containers for shipment.

- Ends -

Enquiries:

 
 StratMin Global Resources Plc 
                                                     +44 (0) 207 467 
 Gobind Sahney                                                  1700 
 
 Libertas Capital Corporate Finance Limited 
  (Nomad and Joint Broker) 
                                                     +44 (0) 207 569 
 Sandy Jamieson/Ciaran Walsh                                    9650 
 
 Peterhouse Corporate Finance 
  (Joint Broker) 
                                                    + 44 (0) 20 7562 
 Jon Levinson                                                   3357 
 
 Optiva Securities Limited 
  (Joint Broker) 
                                                     +44 (0) 20 3137 
 Jeremy King                                                    1904 
 
 Tavistock Communications 
  (Financial PR and IR) 
                                                     +44 (0) 207 920 
 Jessica Fontaine/Simon Hudson/Conrad Harrington                3150

About StratMin Global Resources:

StratMin Global Resources Plc is a graphite production and exploration company with assets in Madagascar. Its 100% owned subsidiary Graphmada ships from its plant located at its Loharano license area. The Company believes the additional licence areas owned by Graphmada are highly prospective and provide considerable exploration and production upside potential.

StratMin Global Resources acquired 100% Graphmada Equity Pte Ltd, the holding company of Graphmada SARL, on 28 January 2013.

http://www.stratminglobal.com/

This information is provided by RNS

The company news service from the London Stock Exchange

END

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