CGM.L Regulatory News (CGM)

31 Mar 2008 07:02

China Goldmines PLC31 March 2008 31 March 2008 CHINA GOLDMINES PLC ("China Goldmines", "CGM", the "Company", or the "Group") INTERIM FINANCIAL RESULTS FOR THE SIX MONTHS TO 31 DECEMBER 2007 China Goldmines plc (AIM: CGM), the AIM-listed gold miner based in Hunan, China,announces its interim financial results for the six months to 31 December 2007. Highlights • Strong cash position -- US$32.1m at 31 Dec 2007 • Net assets of US$59.3m, with no long term debt or hedging commitments. • JORC code compliant inferred resource of 1.8 million ounces of gold at the Shenjiaya Project. • £30m (US$61.3m) raised in October 2007 through a successful share placement. • All 8 individual producing gold mines in the Shenjiaya Prospect transferred into the Group's possession and 100% control, with all mining permits and licences in place, finalised in November 2007. • Baomuyuan Plant at Shenjiaya Prospect to be in full production in April 2008. Post-Period Highlights: activities since 31 December 2007 • 46% rise in gold price (currently US$946.75/oz) since operational planning in September 2007 (using gold price at US$650.00/oz) expected to cover the Group's costs sooner than planned. • The costs of the mine development activities continue to progress below budget; positive cash balance of US$27.5m at the end of February provides the Group with adequate financial resources to continue this progress. Commenting on the interim results and subsequent development Mr FrankVanspeybroeck (CEO) said: "In the six months covered by these interim results, China Goldmines hasachieved one of its principal strategic objectives, the acquisition of the 8gold mines in the Shenjiaya Prospect. We are now making good progress towardsconsolidating the mining operations of the 8 gold mines and starting full scaleproduction from our Baomuyuan processing plant at Shenjiaya in April 2008.Continued strong commodities prices and expanding mining operations place us ina favourable financial position for the 2008 year." The Group's full interim financial results follow, and are also available on theGroup's website, www.chinagoldmines.com. Ends For additional information: China Goldmines plcFrank Vanspeybroeck (CEO) +86 731 518 8200Alec Worrall +44 207 788 7621Marinko Vidovich (CFO) +61 89 488 8807Changsha Office +86 731 515 8211Perth Operations Office (Technical Support) +61 8 9488 8830 Brewin Dolphin Limited +44 141 221 7733(Nominated Adviser)Alan Stewart (Corporate Finance) Parkgreen Communications +44 20 7851 7480Justine HowarthErica Nelson Notes to Editors China Goldmines plc is a UK mining company focussed on gold mining projects inthe China Region. The Company listed on AIM on 7 February 2006 as a goldresources Group focussed on the discovery and development of gold projects inthe Hunan Province of China. The Group's Guanzhuang Gold Project, based on an Independent Geological Report,has an estimated inferred resource of 1.8 million ounces within the top 325mfrom surface and over a strike distance of 1.5km has been identified from its100% owned/controlled Shenjiaya Prospect. The Shenjiaya Prospect consists of eight gold mines which the Group plans toconsolidate with the aim of having a long life mining production of 150,000 ozAu/pa in the near future. At the same time as mining the existing eight mines,China Goldmines will continue to investigate the potential of the project areathat remains under explored. The drilling information in this report was derived from data compiled by HunanWestralian Mining Co., Ltd, China and reported by Mr. John Warner B. App. Sc.(App. Geol), MAIG, MGAA. Mr. John Warner is the Group Geology Manager and hassufficient experience which is relevant to the style of mineralisation and typeof deposit under consideration and to the activity which he is undertaking to bequalified as a Competent Person as defined by the 2004 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources andOre Reserve.' Mr. John Warner consents to the inclusion in the report of thematters based on his information in the form and context in which it appears andhas reviewed the contents of this announcement. CHAIRMAN'S STATEMENT Dear Shareholder In January 2008, China Goldmines announced it had started production at itsGuanzhuang Gold Project, achieving a major milestone in its transition from anexplorer to a producer. From its initial pouring of 4kg of gold fromconcentrate, with a further production run of 19kg from concentrate since then,China Goldmines has begun focusing on the consolidation and refurbishment of itseight producing gold mines in its Shenjiaya Prospect in Hunan Province, China.In 2008, the Group aims to achieve its annualised gold production target of25,000oz. The consolidation of the gold mines over the course of four years is targeted toachieve about 100,000oz a year by the end of 2010, increasing to about 160,000oza year once the engineering development is completed in 2011. Our long-term vision is to make China Goldmines a dominant mining house in SouthCentral China now that we have achieved our short-term goal of our first goldproduction. In presenting our interim results for the six months to December 31, 2007, it isclear to the Board that the Group is well on the way to achieving its objectivesand returning value to shareholders. In October 2007, Shareholders approved the placing of 25 million shares in theCompany to raise £30 million (US$61.3m) before expenses (the "Placing"). InNovember 2007 the Group concluded the acquisition of all eight producing mineswhich were then successfully transferred into the Group's possession with 100%control. The net proceeds of the Placing have been used for the acquisition ofthe eight mines and for their consolidation/refurbishment, infrastructuredevelopment and mechanised mining. We believe that a successful combination of technical skills, strong ethics andfinancial strength will ensure that we continue to play a leading role in therapidly consolidating gold industry in China. The Group's management of safety, the environment and community relationshipscontinues to be of the highest standards. We recognise that our strongperformance in these areas is crucial to our long-term success in China. On the financial side, the results outlined herein report a loss of US$5.4million for the six months to 31 December 2007, in which no income was generatedduring the exploration and assessment phase. At the end of the period the Grouphad US$32.1million cash and cash equivalents and a net asset position of US$59.3million. With the Group's transition from explorer to producer, this willprovide cashflow for the Group to assist in undertaking the development of theeight gold mines. In addition, the higher than expected gold price and the factthat China is the world's biggest gold-producing nation gives us greatconfidence in looking to the future, and we can be proud of our achievementssince listing in February 2006. On behalf of shareholders and management, I thank Chief Executive Officer FrankVanspeybroeck, who resides in China, for his efforts and success during the pasthalf year. A valuable asset of our Group is the Management team's experience asan explorer, developer and operator of gold mines in China. Our people areintegral to this success and their efforts are greatly appreciated. Clive Donner Chairman 31 March 2008 OPERATIONS REVIEW Review of Operations In the six months to 31 December 2007, China Goldmines made strong progresstoward its operational targets. A resource estimate on the Guanzhuang Projectbased on the findings of the Independent Geological Report indicated a JORC codecompliant inferred resource estimate containing the gold equivalent of 1.8million ounces for the Shenjiaya Project. The Group's main activities in the first 6 months of the financial year wereexploration, review and assessment of gold projects, and acquisition of mininglicences. Because of these efforts, the Group incurred a loss for the half yearof US$5.4m, and no income arose during the period. In November 2007, the Group finalised the transfer of all eight producing goldmines in the Shenjiaya Prospect into the Group's possession and 100% control,with all mining permits and licences in place. In mid December the Group commenced its development plans for the mines whichresulted in its first gold pour of 4kg which was announced in January 2008. In September 2007 when the Group was forecasting its operational performance forthe acquisition of the 8 gold mines in the Shenjiaya Project the medium termforecast gold price used was US$650 per ounce. The current gold price ofUS$946.75 (as at 28 March 2008) is expected to accelerate the time to cashbreakeven for the Group. The Board believes the Group is in a sound financial position, with no debt andno hedging commitments, and that continued strong commodities prices andexpanding mining operations place the Group in a favourable financial positionfor 2008. Post-period Update: Operations • The Group commenced its development plans for the mines which resulted in its first gold pour in January 2008 of 4kg, with a further production run of 19kg from the concentrate. The Group is focussed on its Baomuyuan Plant at Shenjiaya being in full production in early April 2008, following its commissioning on 12 March. • The Baomuyuan plant was commissioned with low grade ore (2 g/t) and confirmed the metallurgical test work stating that the ore is free milling and recoveries of over 90% can be achieved through non-complex processing methods. • The Group is on track (planned for the 2008 calendar year) to commission five plants that have capacity to process 600 tonnes of ore per day. • Mine development - planned underground development is ahead of schedule, the construction of its central decline (5 metres x 5.5 metres) is planned ahead of time to 2009 with the central 2,000t/day processing plant to be targeted for commissioning by the end of 2009 (6 months ahead of schedule). Geological Studies • Current drilling programme continues to deliver high grade ore. • The first drill hole results of the year, 300 metres to the east of Xianglu gold mine, confirms the high grade continuity of the ore body. Diamond drill hole SJDD0004 encountered varying degrees of alteration throughout the drill hole. An alteration zone from 251m to 369m depth contained the highest grade 1.20 m at 11.40 gram/ton from 324.8m to 326m depth. SJDD0004 tested down dip extensions of drill hole 'ZK03' (previously reported as intersecting 55.3m @ 5.2 gram/ton from 273.71). Hole ID Longitude Latitude RL (m) Total Azimuth (Degrees Dip (Degrees) (dec. deg.) (dec. deg.) Depth (m) Mag) SJDD0004 111.01415 28.55769 224.01 420 174 -80Hole ID Au From (m) To Thickness (m) Thickness / grade text (g/t) (m)SJDD0004 3.86 250 251 1 1.00m @ 3.9gm/t from 250.00mSJDD0004 1.6 293.6 303 9.4 9.40m @ 1.6gm/t from 293.60mSJDD0004 3.7 306 307.15 1.15 1.15m @ 3.7gm/t from 306.00mSJDD0004 2.3 309 311.5 2.5 2.50m @ 2.3gm/t from 309.00mSJDD0004 1.73 315 316 1 1.00m @ 1.7gm/t from 315.00mSJDD0004 11.40 324.8 326 1.2 1.20m @ 11.4gm/t from 324.80mSJDD0004 1.14 331 332.4 1.4 1.40m @ 1.1gm/t from 331.00mSJDD0004 1.15 361 362 1 1.00m @ 1.2gm/t from 361.00m Summary of the SJDD0004 Assay results - all stated widths should be read asapparent widths. Further drilling from underground and surfaced locations is planned for 2008,with a minimum of 25,000 metres of diamond drilling. Management • The Group has appointed Mr Pan Dexu as General Manager of Hunan Westralian Mining Co., Ltd, the Group's Chinese Joint Venture Company. Mr Dexu and his team of Chinese mine managers will execute the Group's development plan in consolidating and refurbishing all eight mines in the Shenjiaya Gold Project. CONDENSED CONSOLIDATED INCOME STATEMENTFOR THE HALF YEAR ENDED 31 DECEMBER 2007 Note Six Months Ended Six Months Ended Year Ended 31 December 2007 31 December 2006 30 June 2007 US$ US$ US$ Unaudited Unaudited AuditedCONTINUING OPERATIONSSalaries and employee benefits (571,718) (219,010) (619,758)expenseOffice expenses and professional (2,248,359) (451,180) (1,063,710)feesConsulting expenses (966,061) (458,837) (634,132)Travel and accommodation expenses (325,589) (158,911) (325,371)Other expenses (39,076) (33,155) (68,425) 3 (4,150,803) (1,321,093) (2,711,396) OPERATING LOSS Foreign currency gains and losses (1,605,820) 437,443 563,648Finance revenue 330,216 107,934 181,969LOSS BEFORE TAX (5,426,407) (775,716) (1,965,779)Tax 4 - - -LOSS FOR THE PERIOD (5,426,407) (775,716) (1,965,779)Attributable to:Equity holders of the parent (5,214,778) (744,766) (1,889,163)Minority interest (211,629) (30,950) (76,616) (5,426,407) (775,716) (1,965,779) Basic and diluted loss per share 5 (15.9) (3.3) (8.4)(cents) CONDENSED CONSOLIDATED STATEMENT OF RECOGNISED INCOME AND EXPENSE FOR THE HALFYEAR ENDED 31 DECEMBER 2007 Six Months Ended Six Months Ended Year Ended 31 December 2007 31 December 2006 30 June 2007 US$ US$ US$ Unaudited Unaudited Audited LOSS FOR THE PERIOD (5,426,407) (775,716) (1,965,779) Exchange differences on translation of (4,769) (44,847) (20,012)foreignoperationsTOTAL RECOGNISED INCOME AND (5,431,176) (820,563) (1,985,791)EXPENSE FOR THE PERIODAttributable to:Equity holders of the parent (5,219,547) (789,613) (1,909,175)Minority interest (211,629) (30,950) (76,616) (5,431,176) (820,563) (1,985,791) CONDENSED CONSOLIDATED BALANCE SHEETAS AT 31 DECEMBER 2007 Note 31 December 2007 31 December 2006 30 June 2007 US$ US$ US$ Unaudited Unaudited AuditedNON-CURRENT ASSETSIntangible assets 7 24,576,063 1,039,240 2,229,976Property, plant and equipment 7 1,648,414 215,081 240,264Long term receivable 7 500,000 - -Other financial asset 143,641 133,615 143,641 26,868,118 1,387,936 2,613,881 CURRENT ASSETSInventories 789,712 - -Trade and other receivables 182,746 53,445 180,650Cash and cash equivalents 32,098,385 4,882,283 2,594,152 33,070,843 4,935,728 2,774,802TOTAL ASSETS 59,938,961 6,323,664 5,388,683 CURRENT LIABILITIESTrade and other payables (653,258) (406,490) (637,605)TOTAL LIABILITIES (653,258) (406,490) (637,605)NET ASSETS 59,285,703 5,917,174 4,751,078 EQUITYIssued capital 8,10 919,975 390,151 390,151Share premium account 8,10 66,161,660 6,725,683 6,725,683Foreign exchange reserve 10 (7,721) (27,787) (2,952)Other reserves 10 61,344 61,344 61,344Retained earnings 9,10 (8,285,981) (1,406,806) (2,871,203)EQUITY ATTRIBUTABLE TO EQUITY 58,849,277 5,742,585 4,303,023HOLDERS OF THE PARENTMinority interest 9,10 436,426 174,589 448,055TOTAL EQUITY 10 59,285,703 5,917,174 4,751,078 CONDENSED CONSOLIDATED CASH FLOW STATEMENTFOR THE HALF-YEAR ENDED 31 DECEMBER 2007 Note Six Months Ended Six Months Ended Year Ended 31 December 2007 31 December 2006 30 June 2007 US$ US$ US$ Unaudited Unaudited AuditedNet cash used in operating activities 11 (4,887,882) (1,068,856) (2,330,530) INVESTING ACTIVITIESPurchase of unquoted equity investment - (133,615) (143,641)Purchases of property, plant and equipment (98,202) (132,465) (192,902)Purchase of intangible assets (52,844) (455,134) (1,661,454)Purchase of gold mines and associatedmining licences and rights 7 (24,142,267) - -Interest received 330,216 107,934 181,969Net cash used in investing activities (23,963,097) (613,280) (1,816,028) FINANCING ACTIVITIESShare issue 529,824 - -Premium on shares issued 63,417,004 - -Legal and professional fees of placing (3,981,027) - -Net cash from financing activities 59,965,801 - - Net increase/(decrease) in cash and cash 31,114,822 (1,682,136) (4,146,558)equivalentsCash and cash equivalents at the beginning 2,594,152 6,197,074 6,197,074of the periodNet foreign exchange difference (1,610,589) 367,345 543,636CASH AND CASH EQUIVALENTS AT 32,098,385 4,882,283 2,594,152THE END OF THE PERIOD NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS NOTE 1: GENERAL INFORMATION The information for the year ended 30 June 2007 does not constitute statutoryaccounts as defined in section 240 of the Companies Act 1985. A copy of theaccounts for that year has been delivered to the Registrar of Companies. Theauditors' report on those accounts was not qualified and did not containstatements under section 237(2) or (3) of the Companies Act 1985. NOTE 2: ACCOUNTING POLICIES The interim financial report has been prepared using accounting policiesconsistent with International Financial Reporting Standards (IFRSs) with theexception of IAS 34 which is not mandatory for AIM listed businesses. The same accounting policies and methods of computation are followed in theinterim financial report as published in the annual financial report dated 20December 2007 which is available on the Group's website onwww.chinagoldmines.com. Further to the accounting policies noted above stock is recorded in this interimreport at cost, with provision when necessary to bring stock to be held at thelower of cost and net realisable value. NOTE 3: SEGMENT INFORMATION All of the reported revenue and operational results for the period derive fromthe Group's continuing gold mine exploration and mining operations. NOTE 4: TAXATION No liability to tax is expected to have arisen during this period. NOTE 5: LOSS PER SHARE The calculation of the loss per share is based on the following data: Six Months Ended Six Months Ended Year Ended 31 December 2007 31 December 2006 30 June 2007 US$ US$ US$ Unaudited Unaudited AuditedLossLoss used in calculating basic and (5,214,778) (744,766) (1,889,163)diluted loss per share for the periodattributable to the equity holders of theparent Number of sharesWeighted average number of ordinary 32,755,316 22,549,995 22,549,995shares for the purpose of basic anddiluted loss per share The above figures are not affected by any dilutive share options as no shareoptions have been issued. NOTE 6: DIVIDENDS No dividends were declared in the period or prior periods NOTE 7: PURCHASE OF MINING LICENSES, MINE INFRASTRUCTURE AND ASSOCIATED PROPERTYPLANT AND EQUIPMENT AND LONG-TERM GOVERNMENT BONDS In November 2007 the purchase and transfer into the Group's possession and 100%control of all 8 individual producing gold mines in the Shenjiaya Prospect wasfinalised, together with all mining permits and licences in place. The Group is currently performing a detailed engineering assessment of theassets acquired which is ongoing at the time of the interim report. On aprovisional basis the Directors have estimated the initial values allocated tothe assets acquired as property plant and equipment of $1.3m, long term bonds of$0.5m and mining licences $22.3m. The total consideration paid was $24.1m. NOTE 8: ISSUED CAPITAL On 7 August 2007, 900,000 shares of £0.01 ($0.02) each were placed at a premiumof £1.39 ($2,84) each. On 22 October 2007 the authorised share capital of the company was increased to£550,000 by the creation of an additional 31,000,000 shares of £0.01 ($0.02)each. On 23 October 2007, 25,025,416 shares of £0.01 ($0.02) each were placed at apremium of £1.19 ($2,43) each. Legal and professional fees arising from the placing of $3,981,027 have been setagainst the share premium reserve. NOTE 9: CONTRIBUTION OF EQUITY During the period ended 31 December 2007, China Goldmines has provided a further$1,000,000 of equity to Hunan Westralian Mining Co. Ltd which is not specific tothe mining licences and gold mines acquired in the period to help fund theongoing operations and exploration costs. This is in addition to the amountrequired under the Joint Venture agreement and does not increase the 80%shareholding held in the company. No contribution of equity was made by the other Joint Venture holder Brigade 407and in line with the Joint Venture Agreement Brigade 407 continue to have a 20%shareholding after this additional funding was paid. Accordingly to reflect thecontinuing minority interests held by Brigade 407 $200,000 has been transferredfrom the profit and loss reserve to the minority interest's balance to reflectthe percentage of the net assets held by Brigade 407 in Hunan Westralian MiningCo., Ltd at 31 December 2007. NOTE 10: RECONCILIATION OF EQUITY Share Foreign Total Issued Premium exchange Other Retained Minority equity capital account reserve reserves earnings interestsAt 1 July 2007 390,151 6,725,683 (2,952) 61,344 (2,871,203) 448,055 4,751,078Issue of shares 529,824 63,417,004 - - - - 63,946,828Expenses on issueof shares - (3,981,027) - - - - (3,981,027)Loss for the periodattributable to equityshareholders - - - - (5,214,778) - (5,214,778)Loss for the period - - - - - (211,629) (211,629)attributable to minorityinterestsExchange differences - - (4,769) - - - (4,769)on translation offoreignoperationsTransfer between - - - - (200,000) 200,000 -reserves (note 9) At 31 December 2007 919,975 66,161,660 (7,721) 61,344 (8,285,981) 436,426 59,285,703 NOTE 11: NOTES TO THE CONDENSED CONSOLIDATED CASH FLOW STATEMENT Six Months Ended Six Months Ended Year Ended 31 December 2007 31 December 2006 30 June 2007 US$ US$ US$ Unaudited Unaudited AuditedOperating loss from continuing operations (4,150,803) (1,321,093) (2,711,396)Adjustments for:Depreciation of property, plant and equipment 31,719 23,998 61,221Amortisation of intangibles 7,357 15,000 19,029Operating cash flows before movements in (4,111,727) (1,282,095) (2,631,146)working capital(Increase)/decrease in receivables (2,096) 146,234 2,104Increase in inventories (789,712) - -Increase in payables 15,653 67,005 298,512Net cash from operations (4,887,882) (1,068,856) (2,330,530) Cash and cash equivalents (which are presented on the face of the balance sheet)comprise cash at bank and other short-term highly liquid investments with amaturity of three months or less. NOTE 12: CONTINGENCIES There were no material contingent liabilities of the Group at 31 December 2007. NOTE 13: SUBSEQUENT EVENTS No matter or circumstance has arisen since 31 December 2007, which hassignificantly affected, or may significantly affect the operations of the group,the result of those operations, or the state of affairs of the group insubsequent financial years. AUDITORS' INDEPENDENT REVIEW REPORT TO CHINA GOLDMINES PLC We have been engaged by the company to review the condensed set of consolidatedfinancial statements in the interim financial report for the six months ended 31December 2007 which comprises the Condensed Consolidated Income Statement, theCondensed Consolidated Balance Sheet, the Condensed Consolidated Statement ofRecognised Income and Expense, the Condensed Consolidated Cash Flow Statementand related notes 1 to 13. We have read the other information contained in theinterim financial report and considered whether it contains any apparentmisstatements or material inconsistencies with the information in the condensedset of consolidated financial statements. This report is made solely to the company in accordance with InternationalStandard on Review Engagements 2410 issued by the Auditing Practices Board. Ourwork has been undertaken so that we might state to the company those matters weare required to state to them in an independent review report and for no otherpurpose. To the fullest extent permitted by law, we do not accept or assumeresponsibility to anyone other than the company, for our review work, for thisreport, or for the conclusions we have formed. Directors' responsibilities The interim financial report is the responsibility of, and has been approved by,the directors. The directors are responsible for preparing the interimfinancial report in accordance with the AIM Rules of the London Stock Exchange. Our responsibility Our responsibility is to express to the Company a conclusion on the condensedset of consolidated financial statements in the interim financial report basedon our review. Scope of Review We conducted our review in accordance with International Standard on ReviewEngagements (UK and Ireland) 2410, "Review of Interim Financial InformationPerformed by the Independent Auditor of the Entity" issued by the AuditingPractices Board for use in the United Kingdom. A review of interim financialinformation consists of making inquiries, primarily of persons responsible forfinancial and accounting matters, and applying analytical and other reviewprocedures. A review is substantially less in scope than an audit conducted inaccordance with International Standards on Auditing (UK and Ireland) andconsequently does not enable us to obtain assurance that we would become awareof all significant matters that might be identified in an audit. Accordingly, wedo not express an audit opinion. Conclusion Based on our review, nothing has come to our attention that causes us to believethat the condensed set of consolidated financial statements in the interimfinancial report for the six months ended 31 December 2007 is not prepared, inall material respects, in accordance with the AIM Rules of the London StockExchange. Deloitte & Touche LLP Chartered Accountants and Registered Auditor Newcastle 31 March 2008 CORPORATE DIRECTORY Directors: Auditors Clive Donner (Non-Executive Chairman) Deloitte & Touche LLP Frank Vanspeybroeck (Chief Executive) Gainsborough House Marinko Vidovich (Finance Director) 34-40 Grey Street Lance Browne CBE (Non-Executive Director) Newcastle-upon-Tyne Alex Worrall (Non-Executive Director) NEI 6AE Karl Eric Watkin MBE (Non-Executive Director) Evan Kirby (Non-Executive Director) Auditors in China: Deloitte Touche Tohmatsu CPA Ltd Company Secretary: Shenzhen Branch Alex Worrall Auditors in Australia: Registered Office: Rothsay Chartered Accountants Sandgate House Level 1, 21 Barrack Street 102 Quayside Sydney NSW 2000 Newcastle-upon-Tyne Australia NEI 3DX Solicitors to the Company:Chinese Offices: China:Changsha Chongqing Senswins Law FirmRoom 1607 & 1608 77 Qingnian RoadSouth Jiasheng-Aomeicheng Building Chongqing262 West Laodong Road 400012, PRCChangsha, Hunan 410015 P.R. of China United Kingdom's Solicitors: Ward HadawayGuanzhuang Town Sandgate HouseGan Fa Hotel 102 QuaysideXia Jie Newcastle-upon-TyneGuanzhuang Town NEI 3DXYuanling County Hunan Province 419607 Public Relations:P.R. of China Parkgreen Communications Pegasus HousePerth Operations Office: 37-43 Sackville Street1st Floor London24 Outram Street W1S 3EHWest Perth WA 6005 Australia Registrars: Computershare Investor Services PLCNominated Adviser and Broker: Corporate ActionsBrewin Dolphin Limited PO Box 859 The Pavilions48 St Vincent Street Bridgwater RoadGlasgow BristolG2 5TS BS99 1XZ This information is provided by RNS The company news service from the London Stock Exchange