Stratmin Global Resources PLC Repayment of Darwin Convertible Loan Instrument (1550E)

TIDMSTGR

RNS Number : 1550E

Stratmin Global Resources PLC

07 April 2014

7 April 2014

StratMin Global Resources Plc

("StratMin" or the "Company")

Repayment of Darwin Convertible Loan Instrument

StratMin (AIM: STGR), the graphite exploration and production company with assets in Madagascar, today announces that it has repaid, in cash, the entire principal and interest outstanding, on the GBP750,000 senior secured convertible loan notes issued to Darwin Strategic Limited in December 2013, and will not draw down on the second tranche. The Company confirms that it has no other outstanding debt facilities.

Manoli Yannaghas, StratMin's Managing Director, commented:

"The repayment of this loan was made possible by the strengthening of StratMin's balance sheet, putting the Company on a more stable footing as we move towards full production. We look forward to seeing the improved yields being achieved following recent plant modifications reflected in the bottom line."

For further information please visit www.stratminglobal.com or contact:

 
                                         +44 (0) 20 
 StratMin Global Resources Plc            3691 6160 
 Manoli Yannaghas (Managing Director) 
 
 Strand Hanson (Nomad & Financial 
  Adviser)                               +44 (0) 20 
  James Spinney / Ritchie Balmer          7409 3494 
 
 Hume Capital Securities Plc (Sole       +44 (0) 20 
  Broker)                                 3693 1470 
 Jon Belliss / Abigail Wayne 
 
 Blytheweigh (Financial PR) 
  Tim Blythe / Halimah Hussain /         +44 (0) 20 
  Camilla Horsfall                        7138 3204

-ends-

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