Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
利海資源國際控股有限公司
(Incorporated in Cayman Islands with limited liability)
(Stock Code: 00195) VOLUNTARY ANNOUNCEMENT PRODUCTION VOLUME IN THE MONTH OF FEBRUARY 2015
This is a voluntary announcement made by L'sea Resources International Holdings Limited (the
"Company").
The board of directors of the Company (the "Board") is pleased to announce that the total production volume of tin in concentrates of Renison Project of Bluestone Mines Tasmania Joint Venture Pty Limited (the "BMTJV") in which YT Parksong Australia Holding Pty Limited ("YTPAH") owns 50% shareholdings, in the month of February 2015 and from January to February
2015 accumulated was 624 tonnes and 1,196 tonnes respectively, increase of approximately 60.8% and 38.7% respectively over the corresponding month 2014 and from January to February 2014 accumulated of 388 tonnes and 862 tonnes respectively (see Appendix).
YTPAH is an indirectly owned subsidiary of the Company with 82% shareholdings. The figures shown in the Appendix is 100% and 50% respectively for the whole sharing and actual sharing of total production volume of the BMTJV for Renison project.
Please note that the production volumes above are unaudited figures and have not been confirmed by the Company's auditors and may be subject to adjustment and final confirmation. Shareholders and potential investors are advised to read carefully the financial results of the Group when it is published.
This announcement is made by the order of the Board, of which the directors individually and jointly accept responsibility for the accuracy of the information contained in this announcement.
By the order of the Board
L'sea Resources International Holdings Limited
NIE DONG
Executive Director and Chief Executive Officer
Hong Kong, 6 March 2015
As at the date of this announcement, the board of directors of the Company comprises three executive directors, namely, Mr. CHEUNG Wai Kuen, Mr. NIE Dong and Mr. WANG Chuanhu, one non-executive director, namely, Dr. SHI Hao, Simon and three independent non -executive directors, namely, Mr. CHI Chi Hung, Kenneth, Mr. DENG Shichuan and Mr. James MUNN.
Website: http://www.lsea-resources.com
YT Parksong Australia Holding Pty Ltd 2015 Actual Monthly Production Volume of Renison Project2015 | |||
BMTJV - Renison Project | Jan | Feb | Total |
100% Tin in concentrate (tonnes) | 572 | 624 | 1,196 |
YTPAH's Interest | Jan | Feb | Total |
50% Tin in concentrate (tonnes) | 286 | 312 | 598 |
2014 | |||
BMTJV - Renison Project | Jan | Feb | Total |
100% Tin in concentrate (tonnes) | 474 | 388 | 862 |
YTPAH's Interest | Jan | Feb | Total |
50% Tin in concentrate (tonnes) | 237 | 194 | 431 |
% of change compared with corresponding period of last year | 20.7% | 60.8% | 38.7% |
distributed by |