Disposal of Manica Gold Project

RNS Number : 4380D
Xtract Resources plc
16 February 2024

Xtract Resources Plc
(“Xtract” or the “Company”)

Disposal of Manica Gold Project

 The Board of Xtract announces that further to the announcements on 24 January 2024 and 13 February 2024 in relation to the disposal of the Company’s entire interests in the Manica Gold Project (as set out in the circular to the Company’s shareholders dated 24 January 2024), the Long Stop Date has been extended from 15 February 2024 to 23 February 2024 to allow completion of certain administrative matters in relation the Disposal. A further announcement will be made in due course.

A Copy of this announcement will be available on the Company’s website www.xtractresources.com. Unless the context otherwise requires, capitalised terms of this announcement shall have the same meaning ascribed to them in the circular to shareholders dated 24 January 2024.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018 (“UK MAR”).

The person who arranged for the release of this announcement on behalf of the Company was Colin Bird, Executive Chairman and Director.


Xtract Resources Plc Colin Bird,

Executive Chairman


+44 (0)20 3416 6471


Beaumont Cornish Limited

Nominated Adviser and Joint Broker

Roland Cornish

Michael Cornish

Felicity Geidt

+44 (0)207628 3369



Novum Securities Limited

Joint Broker                  


Jon Bellis

Colin Rowbury 


+44 (0)207 399 9427



Beaumont Cornish Limited (“Beaumont Cornish”), which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting as nominated adviser to the Company in connection with this announcement and will not regard any other person as its client and will not be responsible to anyone else for providing the protections afforded to the clients of Beaumont Cornish or for providing advice in relation to such proposals. Beaumont Cornish has not authorised the contents of, or any part of, this announcement and no liability whatsoever is accepted by Beaumont Cornish for the accuracy of any information or opinions contained in this announcement or for the omission of any information. Beaumont Cornish as nominated adviser to the Company owes certain responsibilities to the London Stock Exchange which are not owed to the Company, the Directors, Shareholders, or any other person.



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