SABLE EXPLORATION AND MINING LIMITED - Financial results for the year ended 28 February 2022 short-form announcement

Financial results for the year ended 28 February 2022 – short-form announcement

SABLE EXPLORATION AND MINING LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number: 2001/006539/06)
JSE share code: SXM ISIN: ZAE000303319
(“SEAM” or “the company” or “the group”)


FINANCIAL RESULTS FOR THE YEAR ENDED 28 FEBRUARY 2022 – SHORT-FORM
ANNOUNCEMENT

Financial Highlights

                                28 Feb    % change      28 Feb
                                  2022                    2021
EBITDA (R’000)                  (6,114)      (88,2)     (3,249)
Loss per share (cents)         (141,76)      (86,0)     (76.21)
 Headline loss per share       (141,76)      (86,0)     (76.21)
(cents)
Net asset value per share       (598,1)     (30,99)     (456,6)
(cents)
Net tangible asset value per    (598,1)     (30,99)     (456,6)
share (cents)


Short-Form Statement

This short-form announcement is the responsibility of the directors. It is only a summary of the
information contained in the full announcement and does not contain full or complete details.

Any investment decision should be based on the full announcement accessible from 30 June 2022,
via the JSE link and also from the CEO at james@sablemetals.co.za
Copies of the full announcement may also be requested by contacting Ms Claire Middlemiss by email
at cmiddlemiss001@gmail.com and are available for inspection at the Company’s registered office at
no charge, weekdays during office hours.

The JSE link is as follows:
https://senspdf.jse.co.za/documents/2022/jse/isse/sxme/FY2022.pdf


The annual financial statements including the audit opinion of the external auditor, Nexia SAB&T,
which sets out the key audit matters and the basis for its unmodified with material uncertainty audit
opinion, is available from either the CEO at james@sablemetals.co.za or the Company Secretary at
cmiddlemiss001@gmail.com

30 June 2022
Johannesburg

Sponsor
Exchange Sponsors

Date: 30-06-2022 05:07:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.