Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining &
Exploration
9 April 2009
Goldplat plc ('Goldplat' or 'the Company')
Transaction in Goldplat shares to be held in Treasury
Goldplat plc, the AIM listed gold producer, announces that it
purchased 50,000 ordinary shares in the Company at a price of 12.50
pence per ordinary share on 8 April 2009 through the market. All the
purchased shares will be held as Treasury shares.
Following the above purchase, the Company holds 400,000 ordinary
shares in Treasury. The Company has 111,470,000 ordinary shares of 1
pence each in issue (excluding Treasury shares).
The above figure may be used by shareholders as the denominator for
the calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the
Company under the Disclosure and Transparency Rules.
* * ENDS * *
For further information visit www.goldplat.com or contact:
Demetri Manolis, CEO Goldplat plc Tel: +27 (0) 11
423 1203
James Joyce WH Ireland Limited Tel: +44 (0) 20
7220 1666
Sarang Shah WH Ireland Limited Tel: +44 (0) 20
7220 1666
Bill Sharp Alexander David Securities Tel: +44 (0)20
Limited 7448 9820
David Scott Alexander David Securities Tel: +44 (0)20
Limited 7448 9820
Felicity Edwards St Brides Media & Finance Ltd Tel: +44 (0)20
7236 1177
Isabel Crossley St Brides Media & Finance Ltd Tel: +44 (0)20
7236 1177
Notes
Goldplat plc is an AIM-listed gold producer with operations in
Africa. Its strategy is to consolidate its position as a gold
producer in Africa and build itself into a highly profitable mid-tier
gold company, leveraged through revenue generated from its gold
recovery businesses.
.
The Company has two recovery businesses based in South Africa and
Ghana, which, by safely disposing mining by-products, fulfil an
important aspect of the mines' environmental management programmes.
The South African plant is located near the centre of the East Rand
Goldfield and raw material feedstocks are sourced from many of the
major South African mining companies, including Anglogold Ashanti,
Goldfields, Harmony, DRD Gold and other smaller producers. The Ghana
plant, located in the free port of Tema, provides access to raw
materials from mines in Mali, Guinea, Burkina Faso, Benin, Cote
D'Ivorie, Senegal, the DRC and Mauritania, as well as Ghana.
Goldplat's strategy is to build itself into a highly profitable
mid-tier gold producer, through the acquisition of known deposits
with targets of between 200,000 and one million contained ounces. To
this end, in a 50/50 JV, it is developing the potential of the 213 sq
km Lolgorien licence area ('Kilimapesa Gold'), located in the
historically producing Migori Archaean Greenstone Belt in western
Kenya. Kilimapesa Gold commenced initial production in January 2009
and an aggressive exploration and development programme has been
implemented to define a JORC compliant resource at the project.
Additionally the Company is currently evaluating gold recovery
operations in Tanzania and Zambia and also has joint venture
agreements with Black Economic Empowerment ('BEE') partners in place
to take advantage of mining opportunities in South Africa.
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