Monthly Archives :

July 2018

Exercise of Options

Griffin Mining Ltd (“the Company”) announces that the Company was notified on 12th July 2018 of the exercise of options (“the Options”) by former management over 70,000 new ordinary shares in the Company granted in February 2015 at an exercise price of 30p per share.

Following the exercise of the Options there will be 172,582,061 Ordinary Shares in the Company in issue. There are 140,000 shares held in treasury.

Application will be made to the London Stock Exchange for the 70,000 new ordinary shares to be admitted to trading on AIM. These new ordinary shares will rank pari passu in all respects with the existing ordinary shares. It is expected that admission will become effective on 20th June 2018.

To view or download a PDF copy of this announcement, please click here.

Licence Contract Signed With Ministry Of Natural Resources

Griffin Mining Limited (“Griffin” or the “Company”) is delighted to announce that the Company’s Chinese operating subsidiary, Hebei HuaAo Mining Industry Co Ltd (“Hebei HuaAo”) has completed the most important phase in the granting of the new mining licence over Zone II of the Caijiaying Zinc-Gold Mine (“Zone II”). On 11th July 2018 a legally binding contract was signed with the Hebei Department of Land and Mineral Resources, as authorised by the Beijing Ministry of Natural Resources, pursuant to the Interim Administrative Regulation for Proceeds Collection from the Transfer of Mineral Rights (2017). Hebei HuaAo has become the first company to proceed under this newly promulgated regulation governing the transfer and conversion of mining tenements. Hebei HuaAo will now be entitled to conduct mining activities in Zone II and will be prioritized in its final documentation approvals for the conversion of the exploration licence over Zone II into a mining licence in compliance with relevant national policies.

To view the full PDF of the anouncement or download a copy, please click here.


Joint Broker

On 6th July 2018 Griffin Mining Limited (“the Company”) terminated its agreement with Cantor Fitzgerald Europe as joint broker to the Company.

To download a PDF copy of the announcement, please click here.