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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Archipelago Res | LSE:AR. | London | Ordinary Share | GB0033551721 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 57.75 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMAR.
RNS Number : 6861I
Archipelago Resources PLC
05 July 2013
5 July 2013
AIM: AR.
Archipelago Resources plc
("Archipelago" or "the Company")
Corporate Matters
Further to the announcement of 28 May 2013, Archipelago is pleased to confirm that the Company's new finance facility with Standard Chartered Bank and PT Bank Permata TBK is now in place and financial close has occurred under the facility.
In addition, as referred to in Archipelago's releases of 11 March and 30 May 2013, the Company's share premium account reduction has now been finalised, which process was undertaken to enable payment of the previously announced proposed inaugural dividends.
Prior to finalising the proposed inaugural dividend payments, Archipelago will complete and publish its interim financial statements for the six month period ended 30 June 2013. The interim statements are expected to be released in late July 2013. The Company intends to provide further information on dividend record and payment dates at that time.
FURTHER INFORMATION
Archipelago Resources plc President - Corporate Strategy +65 6535 +44 20 7523 Matthew Salthouse 3419 8000 --------------------------- -------------- ------------------- ------------ Canaccord Genuity Limited Joint Broker Andrew Chubb Christopher Fincken --------------------------- -------------- ------------------- ------------ Grant Thornton UK LLP NOMAD Philip Secrett +44 20 7383 David Hignell 5100 --------------------------- -------------- ------------------- ------------ Liberum Capital Limited Buchanan Joint Broker Corporate Communication Michael Rawlinson Bobby Morse +44 20 7466 Christopher +44 20 3100 Gordon Poole 5000 Kololian 2000 --------------------------- -------------- ------------------- ------------
ABOUT ARCHIPELAGO
Archipelago is a producing mining company listed on the AIM market of the London Stock Exchange. Archipelago's vision is to grow into a respected and regionally dominant mid-cap gold producer, managing a
portfolio of gold mines and delivering significant value and returns for our shareholders. Archipelago's principal activities are gold mining and exploration in Indonesia (as the 95% owner of the producing Toka Tindung Gold Mine in North Sulawesi, Indonesia). In 2013, Archipelago expects to produce between 140,000 and 155,000 Au Eq oz at a cash cost of between US$620 and US$680 per ounce (net of silver credits).
This information is provided by RNS
The company news service from the London Stock Exchange
END
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