TIDMRSG

RNS Number : 5486B

Resolute Mining Limited

31 January 2020

31 January 2020

Resolute Mining Limited

("Resolute" or the "Company")

Total Voting Rights

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In accordance with the FCA's Disclosure and Transparency Rule 5.6.1(R), Resolute Mining Limited (ASX: RSG/ LSE: RSG) (Resolute, or the Company) confirms that as at 31 January 2020, the Company's issued share capital comprises 1,035,886,919 ordinary shares of no par value, with each share carrying the right to one vote. Resolute does not hold any ordinary shares in treasury.

The above figure of 1,035,886,919 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or of a change to their interest in Resolute under the FCA's Disclosure and Transparency Rules

All of the 1,035,886,919 ordinary shares of non par value are quoted on the ASX. In London, an application will be made in due course for admission to the Official List of the FCA, standard segment, and to trading on the London Stock Exchange's Main Market for Listed Securities (LSE Admission) of the 132,733,185 shares issued as part of tranche 1 of the equity raising announced on 21 January 2020. LSE Admission of these shares will require the publication of a FCA approved Prospectus. A Prospectus is being prepared and a further announcement will be made regarding the timing for LSE Admission following the approval and publication of the Prospectus.

For further information, contact:

 
 John Welborn               Jeremy Meynert 
  Managing Director & CEO    General Manager - Business Development 
                             & Investor Relations

About Resolute

Resolute is a successful, dividend paying gold miner with more than 30 years of experience as an explorer, developer and operator of gold mines in Australia and Africa which have produced more than 8 million ounces of gold. The Company trades on the Australian Securities Exchange (ASX) and the London Stock Exchange (LSE) under the ticker RSG.

Resolute has a Global Mineral Resource base of more than 18 million ounces of gold. The Company's flagship asset is the world class Syama Gold Mine in Mali which has the ability to produce 300,000 ounces of gold per annum from existing processing infrastructure. Resolute has commissioned the world's first fully automated underground mine at Syama which will deliver a low cost, large scale operation with a mine life beyond 2032. The Mako Gold Mine in Senegal is a high quality, low cost asset with average annual production of approximately 140,000 ounces of gold. A binding agreement has been signed to sell the Ravenswood Gold Mine in Queensland, Australia for up to A$300 million. A strategic review is currently underway of the Bibiani Gold Mine in Ghana.

Resolute's guidance for FY20 has been set at production of 500,000 ounces of gold at an AISC of US$980 per ounce. FY20 Guidance will be revised once the sale of Ravenswood has been finalised.

Contact Information

 
  Resolute                           Berenberg (UK Corporate Broker) 
    John Welborn, Managing Director    Matthew Armitt / Jennifer Wyllie / Detlir 
    & CEO                              Elezi 
    Jeremy Meynert, General Manager    Telephone: +44 20 3207 7800 
    - BD & IR 
    Telephone: +61 8 9261 6100         Tavistock (UK Public Relations) 
    Email: contact@rml.com.au          Jos Simson / Emily Moss / Annabel de Morgan 
    Web: www.rml.com.au                / Oliver Lamb 
                                       Telephone: +44 207 920 3150 / +44 778 855 
                                       4035 
                                       Email: resolute@tavistock.co.uk

Authorised by Mr John Welborn, Managing Director & CEO

 
 ASX/LSE: RSG Capital          Board of Directors                 Contact 
  Summary                       Mr Martin Botha Non-Executive      John Welborn Managing 
  Fully Paid Ordinary           Chairman                           Director & CEO 
  Shares: 1,035,886,919         Mr John Welborn Managing           Jeremy Meynert GM - 
  Current Share Price           Director & CEO                     BD & IR 
  (ASX):                        Ms Yasmin Broughton                Level 2, Australia 
  A$1.15 as at 30 January       Non-Executive Director             Place | 15-17 William 
  2020                          Mr Mark Potts Non-Executive        St 
  Market Capitalisation:        Director                           Perth, Western Australia 
  A$1.2 Billion                 Ms Sabina Shugg Non-Executive      6000 
  FY20 Guidance:                Director                           T: +61 8 9261 6100 
  500,000oz @ AISC US$980/oz    Mr Peter Sullivan Non-Executive    | F: +61 8 9322 7597 
                                Director                           E: contact@rml.com.au

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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January 31, 2020 02:00 ET (07:00 GMT)

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