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GDP Goldplat Plc

7.50
-0.30 (-3.85%)
Last Updated: 13:03:09
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Goldplat Plc LSE:GDP London Ordinary Share GB00B0HCWM45 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.30 -3.85% 7.50 7.20 7.80 7.80 7.40 7.80 432,500 13:03:09
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 41.88M 2.8M 0.0167 4.58 12.84M

Goldplat plc Result Of Agm

23/10/2017 2:30pm

UK Regulatory


 
TIDMGDP 
 
   Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration 
 
   23 October 2017 
 
   Goldplat plc ('Goldplat' or 'the Company') 
 
   Result of AGM 
 
   Goldplat, the AIM quoted gold producer with international gold recovery 
operations located in South Africa and Ghana and a gold mine in Kenya, 
is pleased to announce that all resolutions were duly passed at the 
Company's Annual General Meeting held earlier today. 
 
   ** ENDS ** 
 
   For further information visit www.goldplat.com, follow on Twitter 
@GoldPlatPlc or contact: 
 
 
 
 
Gerard Kisbey-Green        Goldplat plc              Tel: +27 (71) 8915775 
                            (CEO) 
Colin Aaronson / Jen       Grant Thornton UK LLP     Tel: +44 (0) 20 7383 5100 
Clarke/ Daniel Bush        (Nominated Adviser) 
Andrew Raca / Justin       VSA Capital Limited       Tel: +44 (0) 20 3005 5000 
McKeegan                    (Broker) 
Charlotte Page / Susie     St Brides Partners Ltd    Tel: +44 (0) 20 7236 1177 
Geliher                     (Financial PR) 
 
   About Goldplat 
 
 
   Goldplat plc is an AIM quoted gold producer with two market leading 
recovery operations in South Africa and Ghana and an operational gold 
mine in Kenya.   The Company produced 42,857 ounces of gold during FY 
2017, with 40,285 gold equivalent ounces sold and transferred, resulting 
in an operating profit from continuing operations of GBP2.9m for the 
year.  This result does not benefit from the increased processing 
capacity that was achieved at the Kilimapesa Gold Mine towards the end 
of FY 2017, with operational profitability achieved during last two 
months of FY 2017.  Accordingly, the Company believes it is well placed 
to build upon production and profitability during FY 2018. 
 
   The Company's strategy is focussed on utilising cash flow generated from 
its flagship gold recovery and mining operations to self-fund the 
sustainable growth and expansion of its niche gold recovery business 
model internationally. The Company is also committed to increasing its 
primary mining production output through acquisition / gaining interests 
in producing or near-production assets, preferably in Africa.  Goldplat 
retains exposure to a small exploration project in Ghana, in which 
Ashanti Gold Corp. is earning an interest via an earn-in option 
agreement. 
 
   This announcement is distributed by Nasdaq Corporate Solutions on behalf 
of Nasdaq Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Goldplat plc via Globenewswire 
 
 
 
 

(END) Dow Jones Newswires

October 23, 2017 09:30 ET (13:30 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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