Business
Cash position
Cash position.
About this update from Empire Metals Limited
[{"type":"text","content":"\n \n \n Empire Metals Limited /\n LON\n : EEE / Sector: Natural Resources\n \n \n \n \n \n 15 February\n 2023\n \n \n \n Empire Metals Limited\n \n \n \n \n (\"Empire\n \n \n \" or \"the Company\")\n \n \n \n \n \n \n \n \n \n Cash position\n \n \n \n \n \n \n \n \n Empire Metals Limited (LON: EEE),\n the AIM-quoted resource exploration and development company, announces that, further to a recent media interview, its current cash position is circa £1.25 million (approximately AUD$2.2 million). Current cash reserves are sufficient for the initial soil sampling and planned maiden drill programme at the Pitfield Copper Project in Western Australia. \n \n \n \n \n \n Market Abuse Regulation (MAR) Disclosure\n \n \n Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014, as incorporated into UK law by the European Union (Withdrawal) Act 2018, until the release of this announcement.\n \n \n \n \n \n \n **ENDS**\n \n \n \n \n \n \n \n \n For further information please visit\n \n www.empiremetals.co.uk\n \n or contact:\n \n \n \n \n \n \n Empire Metals Ltd\n \n Shaun Bunn / Greg Kuenzel\n \n \n Tel: 020 7907 9327\n \n \n \n \n \n S. P. Angel Corporate Finance LLP (Nomad & Broker)\n \n Ewan Leggat / Adam Cowl\n \n \n Tel: 020 3470 0470\n \n \n \n \n \n Shard Capital Partners LLP (Joint Broker)\n \n Damon Heath\n \n \n Tel: 020 7186 9950\n \n \n \n \n \n St Brides Partners Ltd (Financial PR) \n \n \n Susie Geliher / Ana Ribeiro / Max Bennett\n \n \n \n \n Tel: 020 7236 1177\n \n \n \n \n \n \n \n \n \n About Empire Metals Limited\n \n \n Empire Metals is an AIM-listed (LON: EEE) exploration and resource development company with a project portfolio comprising gold interests in Australia and Austria.\n \n \n \n \n \n The Company's strategy is to develop a pipeline of projects at different stages in the development curve. Its initial focus has been on the high-grade Eclipse and Gindalbie Gold Projects in Western Australia. The Company expanded its exploration licence area in April 2022 from 9.5km2 to 1,728km2 with the acquisition of the Pitfield Copper-Gold Project and the Walton Copper-Gold Project in Western Australia, and the Stavely Copper-Gold Project in the...