Centamin PLC Announces Appointment of Joint Brokers

Rhea-AI Summary

Centamin plc has appointed Berenberg and Peel Hunt LLP as joint Corporate Brokers, effective immediately. They join existing brokers BofA Securities and BMO Capital Markets. Centamin is a leading gold producer with a premium listing on the London and Toronto Stock Exchanges. Its flagship asset, the Sukari Gold Mine, has produced approximately 5 million ounces of gold since its inception in 2009 and has a projected mine life of 12 years. The company is also advancing exploration in Egypt and West Africa, particularly the Doropo project.

Positive

• Appointment of Berenberg and Peel Hunt as joint Corporate Brokers may enhance market presence and investor relations.
• Centamin's Sukari Gold Mine continues to show strong production metrics.
• Advanced exploration projects in Egypt and West Africa could lead to future growth.

Negative

• None.

PERTH, AUSTRALIA / ACCESSWIRE / August 17, 2022 / Centamin plc ("Centamin" or "the Company") (LSE:CEY) (TSX:CEE) Centamin is pleased to announce the appointments of Joh. Berenberg, Gossler & Co KG ("Berenberg") and Peel Hunt LLP as joint Corporate Brokers to the Company, working alongside BofA Securities and BMO Capital Markets Limited ("BMO"), effective immediately.

ABOUT CENTAMIN

Centamin is an established gold producer, with a premium listing on the London Stock Exchange and Toronto Stock Exchange. The Company's flagship asset is the Sukari Gold Mine ("Sukari"), Egypt's largest and first modern gold mine, as well as one of the world's largest producing mines. Since production began in 2009 Sukari has produced circa 5 million ounces of gold, and today has a projected mine life of 12 years.

Through its large portfolio of exploration assets in Egypt and West Africa, Centamin is advancing an active pipeline of future growth prospects, including the Doropo project in Côte d'Ivoire, and approximately 3,000km² of highly prospective exploration ground in Egypt's Arabian Nubian Shield.

Centamin practices responsible mining activities, recognising its responsibility to not only deliver operational and financial performance but to create lasting mutual benefit for all stakeholders through good corporate citizenship.

FOR MORE INFORMATION please visit the website www.centamin.com or contact:

Centamin plc
Michael Stoner, Group Corporate Manager
investor@centaminplc.com

Berenberg
Matthew Armitt / Jennifer Lee
+44 (0) 20 3207 7800

Buchanan
Bobby Morse/Ariadna Peretz/George Cleary
+ 44 (0) 20 7466 5000
centamin@buchanan.uk.com

Peel Hunt LLP
Ross Allister / David McKeown
+44 (0) 20 7418 8900

LEI: 213800PDI9G7OUKLPV84
Company No: 109180

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Centamin PLC

View source version on accesswire.com:
https://www.accesswire.com/712444/Centamin-PLC-Announces-Appointment-of-Joint-Brokers

FAQ

What recent appointments were announced by Centamin plc?

Centamin plc announced the appointment of Berenberg and Peel Hunt LLP as joint Corporate Brokers, alongside existing brokers BofA Securities and BMO Capital Markets.

What is the significance of the Sukari Gold Mine for Centamin?

The Sukari Gold Mine is Centamin's flagship asset, which has produced around 5 million ounces of gold since 2009 and has a projected mine life of 12 years.

How could the new broker appointments impact Centamin's stock?

The new broker appointments could enhance Centamin's market presence and investor relations, potentially leading to improved stock performance.

What exploration projects is Centamin currently pursuing?

Centamin is advancing exploration projects in Egypt and West Africa, including the Doropo project in Côte d'Ivoire.