Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining &
Exploration
12 March 2009
Goldplat plc ('Goldplat' or 'the Company')
Transaction in Goldplat shares to be held in Treasury
Goldplat plc, the AIM listed gold producer, announces that it has
purchased 250,000 ordinary shares in the Company at a price of 11.9
pence per ordinary share on 11 March 2009 through the market. All the
purchased shares will be held as Treasury shares.
Following the above purchase, the Company holds 250,000 ordinary
shares in Treasury. The Company has 111,870,000 ordinary shares of 1p
each in issue (excluding Treasury shares).
The above figure may be used by shareholders as the denominator for
the calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the
Company under the Disclosure and Transparency Rules.
For further information visit www.goldplat.com or contact:
Demetri Manolis, CEO Goldplat plc Tel: +27 11 423 1203
James Joyce/Sarang Shah WH Ireland Limited Tel: +44 (0)20 7220 1666
Bill Sharp/David Scott Alexander David Securities Limited Tel: +44
(0)20 7448 9820
Felicity Edwards/Hugo de Salis St Brides Media & Finance Ltd Tel: +44
(0)20 7236 1177
Notes
Goldplat plc is an AIM-listed gold producer with operations in
Africa. Its strategy is to create a mid-tier mining house focused on
gold production leveraged through revenue generated from its gold
recovery businesses.
The Company has two recovery business based in South African and
Ghana, which, by safely disposing of mining by-products, fulfil an
important aspect of the mines' environmental management programmes.
The South African plant is located near the centre of the East Rand
Goldfield and raw material feedstock's are sourced from many of the
major South African mining companies including Anglogold Ashanti,
Goldfields, Harmony, DRD Gold and other smaller producers,. The Ghana
plant, located in the free port of Tema, provides access to raw
materials from mines in Mali, Guinea, Burkina Faso, Benin, Cote
D'Ivorie, Senegal, the DRC and Mauritania, as well as Ghana.
Goldplat has expanded into gold mining through the acquisition of
known deposits with targets of between 200,000 and one million
contained ounces. To this end, in a 50/50 JV, it is developing the
potential of the highly prospective 213 sq km Lolgorien licence area
located in the historically producing Migori Archaean Greenstone Belt
in western Kenya, which commenced production January 2009. In
addition, a number of other potential projects across Africa are
under review.
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This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
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