Griffin Mining Ld Statement re Mining Licence Application Accepted (3179I)
08 August 2019 - 8:00AM
UK Regulatory
TIDMGFM
RNS Number : 3179I
Griffin Mining Ld
08 August 2019
Griffin Mining Limited
8th Floor, Royal Trust House, 54-56 Jermyn Street, London. SW1Y
6LX, United Kingdom
Telephone: + 44 (0)20 7629 7772 Facsimile: + 44 (0)20 7629
7773
E mail: griffin@griffinmining.com
Mining Licence Application Accepted at Ministry of Natural
Resources
8(th) August 2019
Griffin Mining Limited ("Griffin" or the "Company") is
extraordinarily pleased to announce, after an extended application
process, that the Chinese Ministry of Natural Resources ("MNR") has
accepted the lodgement by Griffin's Chinese subsidiary, Hebei HuaAo
Mining Industry Co Ltd, of its mining licence application ("MLA")
for Zone II at the Caijiaying Mine in compliance with all the
prescribed Chinese legislation and regulations. Under the current
legislation, the MNR should provide its approval and issuance of
the new mining licence within 40 days of today's lodgment date
(with a 10 day extension to that period in certain special
situations), thereby acknowledging the MLA has met all the required
conditions and passed the final examination and issuance
process.
The Company's Chairman Mr. Mladen Ninkov commented, "It is with
a great sense of joy and relief to be able to announce that our MLA
has been accepted and is in compliance with regulatory provisions.
It is a particularly momentous day for our loyal shareholders who
have patiently waited for this moment since we began the MLA
process in 2013. During this period we have experienced repeated
changes of Government legislation which has led to complex
processes to redraft and re-start the MLA process on numerous
occasions. I do not have to explain what this means for the Company
and our shareholders. I couldn't be happier for everyone involved
with the Company including the shareholders, directors, management,
staff, contractors, local villagers and all those whose lives are
touched by the operations."
Further information
Griffin Mining Limited:
Mladen Ninkov (Chairman)
Roger Goodwin (Finance Director & Company Secretary)
Telephone: +44 (0)20 7629 7772
Panmure Gordon (UK) Limited Telephone: +44 (0)20 7886 2500
Dominic Morley
Griffin Mining Limited's shares are quoted on the Alternative
Investment Market (AIM) of the London Stock Exchange (symbol
GFM).
The Company's news releases are available on the Company's web
site: www.griffinmining.com
The information contained within this announcement is deemed to
constitute inside information as stipulated under the Market Abuse
Regulations (EU) No.596/2014.
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.
END
STRDDLFBKVFBBBD
(END) Dow Jones Newswires
August 08, 2019 02:00 ET (06:00 GMT)
Griffin Mining (LSE:GFM)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Griffin Mining (LSE:GFM)
Historical Stock Chart
Von Jul 2023 bis Jul 2024