GRIFFIN MINING Aktie

Griffin Mining has appointed Panmure Liberum to conduct an accelerated reverse bookbuilding to repurchase ordinary shares worth up to $14m or up to 3.5m shares (up to 1.98% of issued ordinary shares). The process runs until Monday at 16:45 BST; Panmure Liberum will purchase the shares on its own account at the bookbuilding-determined price. The total amount of both buyback programmes will not exceed $15m, and the acquired shares will be cancelled to boost earnings per share. » More on de.investing.com

Griffin Mining has approved a buyback program to acquire up to 3.7 million ordinary shares, or shares with a value of up to $15 million, for cancellation by 30 November 2026. Purchases will be made on the London Stock Exchange on an ad hoc basis in compliance with safe‑harbour rules, trading conditions, disclosure and price requirements; no orders will be placed during closed periods. Management intends to structure market purchases to enhance shareholder value but reserves the right to acquire large parcels or make purchases via takeover offers. Griffin has 176,592,171 ordinary shares issued and operates the Caijiaying zinc‑gold mine in China through a joint venture (88.8% interest). » More on de.investing.com

Griffin Mining reports that commissioning of ore production in Zone II of the Caijiaying mine is planned to begin on schedule in the first quarter of 2026. Regulatory safety requirements, including restrictions on explosives supply, are likely to impact production and financial results through December 31, 2025. The company stresses that the explosives supply for development works is secured and that it is on track to obtain full approval for the safety installations. » More on de.investing.com