Business
Publication of Annual Financial Report
Publication of Annual Financial Report.
About this update from Georgina Energy Plc
[{"type":"text","content":"\n \n \n RNS Number : 3677O\n Mining Minerals & Metals PLC\n 29 May 2020\n \n \n \n \n 29 May 2020\n \n \n Mining, Minerals & Metals plc\n \n (\"MMM\" or the \"Company\")\n Full Year Results and Publication of Annual Report\n \n MMM (LSE: MMM), is a special purpose acquisition company\n developed to undertake an acquisition of one or more businesses (either shares or assets) that has operations involved in natural resource exploitation that it will then look to develop and expand. \n \n \n The Board presents the results for the Company for the year ended 31 January 2020. These results cover the period prior to the Company's Listing on the Main Market of the London Stock Exchange in March 2020. Because the Company published its IPO prospectus on 2 March 2020, these results have effectively been superseded by the information in the prospectus. \n \n \n Summary\n \n \n · \n Post year end: £0.52 million (gross of expenses) raised through a subscription on admission to the Official List of the London Stock Exchange in March 2020;\n \n \n · \n The Board has been active in its search for acquisition opportunities and reviewed a number of potential candidates in natural resources;\n \n \n · \n Total Comprehensive Loss of £39,228 for the year ended 31 January 2020 (2019: £136,357), all historical losses are primarily related to IPO costs and expenditure on the implementation of the Company's acquisition strategy; and\n \n \n · \n Basic loss per share of 0.27p\n \n Matt Bonner, Non-Executive Chairman of MMM, commented:\n \"I am pleased to present our first annual results following our listing in March 2020. We have been active in our search for acquisitions and continue to review several opportunities in the natural resource sector across the world. On behalf of the Board, I would like to thank our shareholders for their support and we very much look forward to updating the market at the earliest opportunity regarding the progress in our execution of our acquisition strategy and deliver shareholder value.\"\n The Company's annual report and accounts for the year ended 31 January 2020 has been published today and is available on the MMM website at: www.mmmplc.com .\n \n Enquiries\n \n \n \n \n \n \n Mining, Minerals & Metals plc\n \n \n \nMatthew Bonner, Non-Executive Chairman\n \n \n Andrew Monk, Non-Executive Dire...