Acacia Mining PLC Response to Media Speculation (1841U)
January 13 2017 - 11:30AM
UK Regulatory
TIDMACA
RNS Number : 1841U
Acacia Mining PLC
13 January 2017
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION
13 January 2017
Acacia Mining plc
LSE:ACA
("Acacia" or the "Company")
Response to Media Speculation
Acacia notes the recent media speculation regarding a potential
combination with Endeavour Mining Corporation ("Endeavour"). Acacia
continually assesses opportunities to grow and develop its business
in line with its strategy, including the assessment of potential
strategic combinations.
Acacia confirms that it is in preliminary discussions regarding
a possible combination with Endeavour. This may or may not result
in agreement of a transaction.
A further announcement will be made when appropriate.
ENQUIRIES
Acacia Mining plc +44 (0) 20 7129 7150
Giles Blackham, Investor Relations Manager
About Acacia Mining plc
Acacia Mining plc (LSE:ACA) is Tanzania's largest gold miner and
one of the largest producers of gold in Africa. We have three
producing mines, all located in north-west Tanzania: Bulyanhulu,
Buzwagi, and North Mara and a portfolio of exploration projects in
Tanzania, Kenya, Burkina Faso and Mali.
Our approach is focused on strengthening our three core pillars;
our business, our people and our relationships, whilst continuing
to invest in our future. Our name change from African Barrick Gold
to Acacia in November 2014 reflected a new approach to mining, and
an ambition to create a leading African Company.
Acacia is a UK public company headquartered in London. We are
listed on the Main Market of the London Stock Exchange with a
secondary listing on the Dar es Salaam Stock Exchange. Barrick Gold
Corporation is our majority shareholder. Acacia reports in US
dollars and in accordance with IFRS as adopted by the European
Union, unless otherwise stated in this announcement.
This information is provided by RNS
The company news service from the London Stock Exchange
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