Stratmin Global Resources PLC Receipt of first payment by Bass Metals Ltd (6040S)
December 22 2016 - 5:20AM
UK Regulatory
TIDMSTGR
RNS Number : 6040S
Stratmin Global Resources PLC
22 December 2016
Dissemination of a Regulatory Announcement that contains inside
information according to REGULATION (EU) No 596/2014 (MAR).
StratMin Global Resources Plc
("StratMin" or the "Company")
Receipt of first payment by Bass Metals Ltd
Further to the announcement on 15 December 2016 regarding the
early cash settlement of outstanding payments from Bass Metals Ltd
("Bass"), the Company can confirm that it has today received the
first payment of AUS$955,000 (GBP557,067) into its UK bank
account.
The Company can also confirm that the placement of its 70
million shares in Bass has occurred and the Company expects to
receive the proceeds into its UK bank account before the year
end.
For further information please visit www.stratminglobal.com or
contact:
StratMin Global Resources
Plc
Brett Boynton, CEO +44 (0) 20 3691 6160
Allenby Capital (Nominated
Adviser & Broker)
John Depasquale/ Nick
Harriss/ Richard A Short +44 (0) 020 3328 5656
Optiva Securities (Broker)
Christian Dennis +44 (0) 20 3137 1903
VSA Capital Limited (Financial
Adviser)
Andrew Raca +44 (0) 20 3005 5000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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