Business
RECEIPT OF FURTHER DIVIDENDS FROM CHINA
RECEIPT OF FURTHER DIVIDENDS FROM CHINA.
About this update from Griffin Mining Limited
[{"type":"text","content":"\n\n\n \n8th Floor, Royal Trust House, 54 Jermyn Street, London. SW1Y 6LX. United Kingdom\nTelephone: + 44 (0)20 7629 7772 Facsimile: + 44 (0)20 7629 7773\nE mail: [email protected]\n \nReceipt of Further Dividends from China\n \n29th November 2023\n \nGriffin Mining Ltd (\"the \"Company\" with its subsidiaries \"the Group\") is pleased to announce that on 24th 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.\n \n \nAbout Griffin Mining Limited \n \nGriffin 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.\n\n\nFurther information\n \nGriffin Mining Limited\nMladen Ninkov - Chairman Telephone: +44(0)20 7629 7772\nRoger Goodwin - Finance Director\n \nPanmure Gordon (UK) Limited Telephone: +44 (0)20 7886 2500\n John Prior\n Dougie McLeod\n \nBerenberg &nbs...