Griffin Mining Limited Announces Receipt of Further Dividends from China

LONDON, UK / ACCESSWIRE / November 29, 2023 / Griffin Mining Ltd ("the "Company" with its subsidiaries "the Group") (LSE:GFM)(AIM:GFM) is pleased to announce that on 24 ^th November 2023, it received into the Group's bank accounts outside of China, a further dividend from its operating Chinese subsidiary, Hebei Hua Ao Mining Industry Company Limited, in the amount of Renminbi75 million (US$10.5 million) less PRC withholding tax of 5%. The net funds were received in the normal course of business and in normal electronic wire transfer times.

About Griffin Mining Limited

Griffin Mining Limited's shares are quoted on the Alternative Investment Market (AIM) of the London Stock Exchange (symbol GFM). Griffin Mining Limited owns and operates in China, through its 88.8% owned Joint Venture stock company, the Caijiaying Zinc Gold Mine, a profitable mine producing zinc, gold, silver, and lead metals in concentrates. For more information, please visit the Company's website www.griffinmining.com.

Further information

Griffin Mining Limited
Mladen Ninkov - Chairman Telephone: +44(0)20 7629 7772
Roger Goodwin - Finance Director

Panmure Gordon (UK) Limited Telephone: +44 (0)20 7886 2500
John Prior
Dougie McLeod

Berenberg Telephone: +44(0)20 3207 7800
Matthew Armitt
Jennifer Lee

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014

Griffin Mining Limited's shares are quoted on the Alternative Investment Market (AIM) of the London Stock Exchange (symbol GFM).

The Company's news releases are available on the Company's web site: www.griffinmining.com

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SOURCE: Griffin Mining Ltd