Tectonic Gold Plc First Payment Received on Silverstream Royalty
18 Octobre 2019 - 11:14AM
UK Regulatory
TIDMTTAU
18 October 2019
TECTONIC GOLD PLC
("Tectonic Gold" or the "Company")
First payment received on Silverstream Royalty
Tectonic Gold plc (TDIM: TTAU), the Intrusive Related Gold ("IRGS") company, is
pleased to announce that it has received the first quarterly interest payment
due from Silverstream SEZC. The interest is related to the convertible note
received as part of the consideration on the sale of the Graphmada graphite
mine royalty that was announced on 2 September 2019.
Highlights:
* First payment received on 12-month convertible note
* CAD$250,000 5% note matures in August 2020
For further details of the transaction please see the announcement made on 2
September 2019.
About Tectonic Gold:
Tectonic Gold is a specialist gold exploration company, focused on the
identification and delineation of large-scale, multimillion-ounce Intrusion
Related Gold System ("IRGS") assets. Tectonic Gold holds a number of gold
discoveries in the New England Orogen in Eastern Australia, a prolific gold
region that is home to Australia's two largest gold production companies,
Newcrest Mining and Evolution Mining.
The Directors of the Company accept responsibility for the contents of this
announcement.
For further information, please contact:
Tectonic Gold plc +61 2 9241 7665
Brett Boynton
Sam Quinn
www.tectonicgold.com
@tectonic_gold
NEX Exchange Corporate Adviser and
Broker +44 20 7469 0930
Peterhouse Capital Limited
Mark Anwyl
Financial Adviser and Broker
VSA Capital Limited +44 20 3005 5004
Andrew Raca - Corporate Finance
Andrew Monk - Corporate Broking
Ends
The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulations
(EU) No. 596/2014. Upon the publication of this announcement via a Regulatory
Information Service, this inside information is now considered to be in the
public domain.
END
(END) Dow Jones Newswires
October 18, 2019 05:14 ET (09:14 GMT)
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