Stratmin Global Resources PLC Update on Signature Gold & Bass Funds Received (0609A)

TIDMSTGR

RNS Number : 0609A

Stratmin Global Resources PLC

21 March 2017

21 March 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")

Update on Signature Gold Limited and Funds Received from Bass

Further to the announcement of 2 February 2017 (the "Announcement"), the Company is pleased to confirm that Signature Gold Limited ("Signature") has today sent details of the proposed scheme of arrangement (under Australian law) to its shareholders in order to facilitate the proposed acquisition of Signature by StratMin (the "Scheme"). Details of the Scheme can be viewed on Signature's website at http://www.signaturegold.com.au. As stated in the Announcement, the acquisition of Signature by StratMin will be subject to the publication of a new AIM Admission Document, approval by the Company's shareholders at a general meeting and admission to trading on AIM of the shares of the enlarged group (the "Transaction"). The Transaction will be accompanied by a fundraising of new equity.

The Company can also confirm receipt of the A$1.185 million (circa GBP734,000) from Bass Metals Limited ("Bass") under the early settlement agreement, in accordance with the announcement of 7 March 2017.

The Company will issue a further statement if and when appropriate.

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

 
 StratMin Global Resources Plc         +44 (0) 20 
  Brett Boynton, CEO                    3691 6160 
 Allenby Capital (Nominated Adviser 
  & Broker) 
  John Depasquale / Nick Harriss       +44 (0) 20 
  / Richard Short                       3328 5656 
 Optiva Securities (Broker)            +44 (0) 20 
  Christian Dennis                      3137 1903 
 VSA Capital Limited (Financial 
  Adviser & Broker)                    +44 (0) 20 
  Andrew Raca                           3005 5000 
 Yellow Jersey PR 
  Felicity Winkles                     +44 (0) 776 
  Joe Burgess                           932 5254

This information is provided by RNS

The company news service from the London Stock Exchange

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March 21, 2017 05:34 ET (09:34 GMT)

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