Business
Long Form Documentation Now Finalised and Executed for Mabilo Restructure
ANNOUNCEMENT TO THE TORONTO STOCK EXCHANGE AND AUSTRALIAN SECURITIES EXCHANGE SUBIACO, WESTER...
About this update from Rtg Mining, Inc.
[{"type":"text","content":"Long Form Documentation Now Finalised and Executed for Mabilo RestructureANNOUNCEMENT TO THE TORONTO STOCK EXCHANGE AND AUSTRALIAN SECURITIES EXCHANGESUBIACO, WESTERN AUSTRALIA / ACCESSWIRE / July 20, 2023 / The Board of RTG Mining Inc. (\"RTG\", or the \"Company\") (TSX:RTG)(ASX:RTG) is pleased to announce the completion of the final documentation relating to the comprehensive settlement of all outstanding issues with the Villar Family controlled Sage Capital and TVI Resource Development (Phils.) Inc. (\"TVIRD\").The Company announced the key terms of the binding Memorandum of Agreement with TVIRD on 22 May 2023. With the final documents now completed, the Company is pleased to confirm all litigation has been withdrawn and settled in full and we are now able to focus on the planning for a commencement of development for the high grade copper/gold Mabilo ProjectABOUT RTG MINING INCRTG Mining Inc. is a mining and exploration company listed on the main board of the Toronto Stock Exchange and the Australian Securities Exchange. RTG is currently focused primarily on progressing the Mabilo Project to start-up having now received a mining permit for the Project, with a view to moving quickly and safely to a producing gold and copper company.RTG also has a number of exciting new opportunities including the Panguna Project in Bougainville, which it remains committed to while also considering further new business development opportunities.RTG has an experienced management team which has to date developed seven mines in five different countries, including being responsible for the development of the Masbate Gold Mine in the Philippines through CGA Mining Limited. RTG has some of the most respected international institutional investors as shareholders including Franklin Templeton, Equinox Partners and Sun Valley.ENQUIRIESAustralian ContactPresident & CEO - Justine MageeTel: +61 8 6489 2900Fax: +61 8 6489 2920Email: [email protected] ContactInvestor Relations - Jaime Wells+1 970 640 [email protected] STATEMENTDate: 20 July 2023Authorised for release by: By the Board of DirectorsCAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTSThe Toronto Stock Exchange has not reviewed nor does it accept responsibility for the accuracy or adequacy of this press release, which has been prepared by management.This announcement inc...