GDP Goldplat Plc

 
TIDMGDP 
 
   Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration 
 
   11 September 2017 
 
   Goldplat plc ('Goldplat' or 'the Company') 
 
   Rand Refinery Dispute Update 
 
   Further to its announcement of 4 April 2017, Goldplat wishes to announce 
that it has issued an application out of the High Court of South Africa, 
Gauteng Local Division, Johannesburg, for the recovery of the fees due, 
owing and payable by Rand Refinery (Pty) Limited to Goldplat Recovery 
(Pty) Limited. 
 
   Gerard Kisbey-Green, CEO of Goldplat commented: "We are disappointed 
that we have been unsuccessful in our efforts to resolve this dispute 
without reverting to legal action, but we remain confident of full 
recovery of the amounts owed to Goldplat Recovery (Pty) Limited. The 
Company will keep shareholders informed of progress." 
 
   "Notwithstanding this action, the Company reiterates its announcement of 
27 July 2017 where we highlighted that Goldplat has traded above market 
expectations for the year ended 30 June 2017, and accordingly it remains 
"business as usual" despite this dispute.  The Company will be 
publishing its annual financial results in September 2017." 
 
   ** ENDS ** 
 
   For further information visit www.goldplat.com, follow on Twitter 
@GoldPlatPlc or contact: 
 
 
 
 
Gerard Kisbey-Green        CEO Goldplat plc          Tel: +27 (71) 8915775 
Colin Aaronson / Daniel    Grant Thornton UK LLP     Tel: +44 (0) 20 7383 5100 
Bush                       (Nominated Adviser) 
Andrew Raca / Justin       VSA Capital Limited       Tel: +44 (0) 20 3005 5000 
McKeegan                   (Broker) 
Charlotte Page / Susie     St Brides Partners Ltd    Tel: +44 (0) 20 7236 1177 
Geliher                     (Financial PR) 
 
 
   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. 
 
   This announcement is distributed by Nasdaq Corporate Solutions on behalf 
of Nasdaq Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Goldplat plc via Globenewswire 
 
 
 
 

(END) Dow Jones Newswires

September 11, 2017 04:55 ET (08:55 GMT)

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