Sable Mining Africa Limited Response to Media Speculation (0207B)
June 13 2016 - 8:16AM
UK Regulatory
TIDMSBLM
RNS Number : 0207B
Sable Mining Africa Limited
13 June 2016
Sable Mining Africa Ltd / Index: AIM / Epic: SBLM / Sector:
Natural Resources
13 June 2016
Sable Mining Africa Limited ('Sable Mining' or 'the
Company')
RESPONSE TO MEDIA SPECULATION
Sable Mining notes the further recent media comment and
speculation regarding allegations of bribery and corruption made
against the Company in Liberia which include the allegation that
Andrew Groves, its CEO, has been indicted in Liberia on unspecified
charges by the Liberian government.
The Company is investigating these matters and taking
appropriate legal advice and will keep the market appraised of
developments as and when appropriate.
The Company further notes that Mr Groves has confirmed to the
Board he has not personally received any indictment by the grand
jury in Liberia and that to date, no evidence has been presented or
served to support the allegations against him, as first raised by
Global Witness. In addition, he has strongly refuted any allegation
that he has acted unlawfully in relation to Sable's business
affairs in Liberia or indeed elsewhere.
** ENDS **
For further information please visit www.sablemining.com or
contact:
Andrew Groves Sable Mining Africa Tel: 020 7408
Ltd 9200
David Foreman Cantor Fitzgerald Tel: 020 7894
Europe 7000
Ben Brewerton FTI Consulting Tel: 020 3727
1000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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