from Griffin Mining Ltd (LON:GFM)
Griffin Mining Ltd Announces Resignation of Joint Venture Director
Resignation of Joint Venture Director
LONDON, UK / ACCESSWIRE / February 23, 2024 / Griffin Mining Ltd ("Griffin" or the "Company") has formally received the resignation of Mr Shengchang Jin ("Mr Jin"), as a director of Hebei Hua Ao Mining Industry Company Limited ("HHA"), the 88.8% owned operating subsidiary of the Company. Furthermore, a Termination Agreement has been executed by all relevant parties ending any involvement by Mr Jin in any manner or form with HHA, effective the 7th January 2023.
The Company has no further knowledge from its announcement of the 15th December 2023 as to whether formal action will be undertaken by the People's Republic of China against Mr Jin in relation to his employment as the Chief Executive Officer of Zhangjiakou Yuanrun Enterprise Management Consulting Service Co. Ltd, the minority 11.2% shareholder in HHA. As previously stated, the ongoing investigations only relate to Mr Jin and do not concern HHA's operations or any relevant statutory licenses issued by the government to HHA.
The investigative team continues to acknowledge and thanked HHA for its full cooperation in this matter.
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.
8th Floor, Royal Trust House, 54 Jermyn Street, London. SW1Y 6LX. United Kingdom
Telephone: + 44 (0)20 7629 7772 Facsimile: + 44 (0)20 7629 7773
E mail: griffin@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
Dominic Morley
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
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.
SOURCE: Griffin Mining Ltd
View the original press release on accesswire.com