Hummingbird Resources PLC Holding(s) in Company (2555L)
September 29 2016 - 10:50AM
UK Regulatory
TIDMHUM
RNS Number : 2555L
Hummingbird Resources PLC
29 September 2016
Hummingbird Resources plc / Ticker: HUM / Index: AIM / Sector:
Mining
29 September 2016
Hummingbird Resources plc ("Hummingbird Resources" or "the
Company")
Holdings in Company
Hummingbird Resources (AIM: HUM) has today been notified by
Lindine Inc. that it has sold 15,000,000 shares on 28 September
2016 at a price of 26 pence per share. As a result, Lindine Inc.
currently holds 16,103,425 shares, representing approximately 4.7%
of the Company's total issued share capital.
**ENDS**
For further information please visit
www.hummingbirdresources.co.uk or contact:
Daniel Betts Hummingbird Resources Tel: +44 (0) 20
Thomas Hill plc 3416 3560
Robert Monro
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Charlie Cryer RFC Ambrian Ltd Tel: +44 (0) 20
Oliver Morse Nominated Adviser 3440 6800 / +61
and Joint Broker (0) 8 9480 2500
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Jon Belliss Beaufort Securities Tel: +44 (0) 20
Limited 7382 8300
Joint Broker
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Lottie Brocklehurst St Brides Partners Tel: +44 (0) 20
Susie Geliher Ltd 7236 1177
Financial PR/IR
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About Hummingbird Resources Plc
Notes to Editors
Hummingbird Resources (AIM: HUM) is building a leading gold
production, development and exploration company. The Company has
two core gold projects, the near-term production Yanfolila Gold
Project in Mali and the Dugbe Gold Project in Liberia. It is
currently building Yanfolila targeting first production by end of
2017, which has a Probable Reserve of 709,800oz @ 3.14g/t and total
Resources of 1.8Moz of gold and an additional 390,700oz of
non-compliant exploration potential. The high grade gold project
has low operating costs of US$695/oz AISC with 132,000ozs of first
full year's production.
The 4.2Moz Dugbe Gold Project in Liberia provides Hummingbird
with excellent development upside. An optimisation of the DFS is
on-going whilst Yanfolila is brought to production in the
near-term. Additionally, the Company has 4,000km(2) highly
prospective exploration ground in Mali and Liberia and is
constantly evaluating new quality assets.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
September 29, 2016 11:50 ET (15:50 GMT)