To view the PDF file, sign up for a MySharenet subscription.

MINE RESTORATION INVESTMENTS LIMITED - Trading statement for the year ended 28 February 2019

Release Date: 29/05/2019 12:32
Code(s): MRI     PDF:  
Wrap Text
Trading statement for the year ended 28 February 2019

MINE RESTORATION INVESTMENTS LIMITED
Incorporated in the Republic of South Africa
(Registration no. 1987/004821/06)
Share Code: MRI
ISIN: ZAE000164562
("MRI" or “the Company”)

TRADING STATEMENT FOR THE YEAR ENDED 28 FEBRUARY 2019

In terms of paragraph 3.4(b) of the JSE Limited (“JSE”) Listings Requirements, companies are required
to publish a trading statement as soon as they are satisfied, with a reasonable degree of certainty, that
the financial results for the period to be reported upon next will differ by at least 20% from those of the
previous corresponding reporting period.

Shareholders are hereby advised that, for the twelve months ended 28 February 2019, when compared
to the twelve months ended 28 February 2018 (“FY2018”):

-       the loss per share of the Company is expected to be 0.57 cents per share when compared to a
        loss of 0.43 cents per share for FY2018 (an increase in the loss per share of 25%); and

-       the headline loss per share of the Company is expected to be 0.57 cents per share when
        compared to a loss of 0.43 cents per share for FY2018 (an increase in the headline loss per
        share of 25%).

The financial information on which this trading statement is based has not been reviewed or reported
on by the Company’s external auditors.

The Company expects to release its financial results for the twelve months ended 28 February 2019,
on or about 31 May 2019.


Johannesburg
29 May 2019

Designated Advisor
Questco Corporate Advisory (Pty) Ltd

Date: 29/05/2019 12:32:00 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.

Share This Story