Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration
16 February 2018
Goldplat plc ('Goldplat' or 'the Company')
Appointment of Broker
Goldplat plc, the AIM listed gold producer with international recovery operations located in South Africa and Ghana and a mine in Kenya, is pleased to announce the appointment of WH Ireland Limited as sole broker with immediate effect.
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For further information visit www.goldplat.com, follow on Twitter @GoldPlatPlc or contact:
| Gerard Kisbey-Green | Goldplat plc (CEO) | Tel: +27 (71) 8915775 |
| Colin Aaronson / Jen Clarke | Grant Thornton UK LLP (Nominated Adviser) | Tel: +44 (0) 20 7383 5100 |
| James Joyce / Jessica Cave | WH Ireland Limited (Broker) | Tel: +44 (0) 207 220 1666 |
| Charlotte Page / Susie Geliher | St Brides Partners Ltd (Financial PR) | Tel: +44 (0) 20 7236 1177 |
The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
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 £2.9m 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.