LONDON, UNITED KINGDOM — (Marketwired) — 05/14/15 — Anglo Pacific Group PLC (TSX: APY) (LSE: APF)
News Release
May 14, 2015
TSX: APY
Anglo Pacific Group PLC
Interim Management Statement
Anglo Pacific Group PLC (“Anglo Pacific”, the “Company” or the “Group”) (LSE: APF, TSX: APY), the London and Toronto listed royalty company, issues the following interim management statement for the period January 1, 2014 to May 13, 2015. Unless otherwise stated, all unaudited financial information is for the quarter ended March 31, 2015.
Highlights
Anglo Pacific made significant progress in delivering on its stated strategy in the first quarter
Acquisition of the Narrabri royalty for US$65.0 million along with the associated, successful equity raise and obtaining a new US$30.0 million revolving credit facility
Maiden royalty revenue earned for Narrabri and Maracás during Q1 2015
Royalty income of £ 2.3 million in Q1 2015 (Q4 2014: £ 0.5 million, FY 2014: £ 3.5 million)
£ 1.7 million in cash generated from disposal of non-core assets
Appointment of Patrick Meier as independent non-executive director effective April 30, 2015
To view the full announcement, please click on the following link.
http://www.rns-pdf.londonstockexchange.com/rns/1818N_1-2015-5-14.pdf
Contact:
RNS
Customer Services
0044-207797-4400
rns@londonstockexchange.com
http://www.rns.com
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