15 November 2018

Bellzone Mining plc ("Bellzone" or "the Company")

Funding Update

Further to the Company's announcements of 27 September 2018 and 22 October 2018, the Company announces that it continues discussions to raise further funds but at present there has been no definitive agreement entered into to provide further working capital.

The Company's working capital position is tight and there remains the risk that unless further funds are sourced in the near term then the Company would need to invoke an insolvency procedure.

The Company will make further announcements in due course.

Enquiries:

Bellzone Mining plc

Simon Edwards

+44 (0) 7767 492 712simon.edwards@bellzone.com

WH Ireland Limited

Nominated Advisor & Joint Broker James Joyce / Jessica Cave

+44 (0) 20 7220 1666

SVS Securities plc

Joint Broker

Tom Curran / Ben Tadd / Nick Aitchison

+44 (0) 20 3700 0100

http://www.bellzone.com/

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Bellzone Mining plc published this content on 15 November 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 15 November 2018 15:08:02 UTC