Sylvania Platinum Limited Notice of Results and Update (9814R)

TIDMSLP

RNS Number : 9814R

Sylvania Platinum Limited

11 July 2022 _________________________________________________________________________________________________________________________

11 July 2022

Sylvania Platinum Limited

("Sylvania", the "Company" or the "Group")

Notice of Results and Production Update

Sylvania Platinum Limited (AIM: SLP) confirms it will announce its Fourth Quarter Report in late July 2022 and its Final Results for the year ended 30 June 2022 on Thursday, 8 September 2022.

Final results analyst presentation

The Company will be hosting an analyst presentation for its Final Results on the day at 09:30 BST; analysts are

encouraged to register their interest by emailing   sylvania@almapr.co.uk .

Investor presentation

Sylvania's CEO Jaco Prinsloo and CFO Lewanne Carminati will also host a live investor presentation, via the Investor Meet Company platform, on 8 September 2022 at 12:00 BST.

The presentation will be open to all existing and potential shareholders. Questions can be submitted pre-event via the Investor Meet Company dashboard up until 09.00 BST the day before the meeting or at any time during the live presentation.

Investors can sign up to Investor Meet Company for free and include Sylvania Platinum Limited via https://www.investormeetcompany.com/sylvania-platinum-limited/register-investor . Investors who have already registered and elected to meet the Company, will be automatically invited.

Production Update

The Group is pleased to report a strong finish to its financial year and has achieved the mid-range of its target production of 66,000 to 68,000 ounces for FY2022.

The Board is aware of sector wide headwinds impacting the wider market and carefully monitors macro-level trends to ensure that they can be carefully navigated. Domestically, it also notes the challenges created by loadshedding implemented by the National Power Utility, however the Group's performance in the full year highlights that it has not impacted production across the Sylvania Dump Operations.

Grasvally Sale Update

The Company is pleased to report that all of the conditions precedent for the sale of 100% of the shares in, and claims against Grasvally Chrome Mine (Pty) Ltd to Forward Africa Mining (Pty) Ltd ("FAM") have been fulfilled and the sale became unconditional as of 8 July 2022.

CONTACT DETAILS

 
 For further information, please 
  contact: 
 Jaco Prinsloo CEO 
  Lewanne Carminati CFO               +27 11 673 1171 
 
 Nominated Adviser and Broker 
 Liberum Capital Limited              +44 (0) 20 3100 2000 
 Richard Crawley / Scott Mathieson 
  / Kane Collings 
 
 Communications 
 Alma PR Limited                      +44 (0) 20 3405 0208 
 Justine James / Josh Royston /       sylvania@almapr.co.uk 
  Matthew Young

CORPORATE INFORMATION

 
 Registered and postal    Sylvania Platinum Limited 
  address: 
                          Clarendon House 
                          2 Church Street 
                          Hamilton HM 11 
                          Bermuda 
 
 
   SA Operations postal     PO Box 976 
   address: 
                          Florida Hills, 1716 
                          South Africa

Sylvania Website : www.sylvaniaplatinum.com

About Sylvania Platinum Limited

Sylvania Platinum is a lower-cost producer of platinum group metals (PGM) (platinum, palladium and rhodium) with operations located in South Africa. The Sylvania Dump Operations (SDO) comprises six chrome beneficiation and PGM processing plants focusing on the retreatment of PGM-rich chrome tailings materials from mines in the Bushveld Igneous Complex. The SDO is the largest PGM producer from chrome tailings re-treatment in the industry. The Group also holds mining rights for PGM projects and a chrome prospect in the Northern Limb of the Bushveld Complex.

For more information visit https://www.sylvaniaplatinum.com/

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

NOREFLBFLDLZBBD

(END) Dow Jones Newswires

July 11, 2022 02:00 ET (06:00 GMT)

Sylvania Platinum (AQSE:SLP.GB)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024