Stratmin Global Resources PLC Receipt of first payment by Bass Metals Ltd (6040S)

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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December 22, 2016 05:20 ET (10:20 GMT)

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