RMM Rambler Metals & Mining Plc

TIDMRMM

RNS Number : 0082W

Rambler Metals & Mining PLC

12 April 2023

Rambler Metals and Mining PLC / AIM: RMM / Sector: Natural Resources

12 April 2023

Rambler Metals and Mining PLC

Company Website Update

London, England, Newfoundland and Labrador, Canada - Rambler Metals and Mining plc (AIM: RMM) ("Rambler" or the "Company"), a copper and gold producer, explorer and developer, announces that the issue with the hosting service affecting the Company's website ( http://www.ramblermines.com ) has now been resolved.

Caution Regarding Forward Looking Statements:

This press release may include forward-looking statements, which reflects the Company's current expectations regarding future events. Forward-looking statements include, but are not limited to, statements regarding the development and implementation of the Strategic Process and its potential impact and outcomes; the process for developing the Strategic Process and seeking Court approval thereof; the ability to identify and implement any sale or restructuring transaction in connection with the Strategic Process and the CCAA Proceedings; the Company's intended actions during the CCAA Proceedings; and the effect of the CCAA Proceedings. Such statements are based on current expectations of the Company's management and inherently involve numerous risks and uncertainties, known and unknown, and there can be no assurance as to the outcome of the Strategic Process and the CCAA Proceedings. In particular and without limitation, there can be no assurances as to: the ability of the Company to obtain all necessary approvals in order to complete any sale or restructuring transaction identified in connection with the Strategic Process and the CCAA Proceedings; the stay of proceedings having the effect contemplated by the Company in providing it with additional time to pursue the Strategic Process; the ability of the Company to operate in the ordinary course during the CCAA Proceedings, including with respect to satisfying obligations to service providers, suppliers, contractors and employees; the ability of the Company to continue as a going concern; the Company's future liquidity position, and access to capital, to fund ongoing operations and obligations; the ability of the Company to stabilize its business and financial condition; the ability of the Company to implement and successfully achieve its business priorities; the ability of the Company to comply with its contractual obligations, including, without limitation, its obligations under debt arrangements; the ability of the Company to generate sufficient cash flow from operations; the impact of competition; the ability of the Company to obtain and retain qualified staff, equipment and services in a timely and efficient manner (including in light of the Company's restructuring efforts); and the ability of the Company to retain members of the senior management team, including but not limited to, the officers of the Company.

Rambler is listed in London under AIM: RMM.

For further information, please contact:

 
  T oby Bradbury                Celeste Van Tonder          T im Sanford. P. Eng. 
   President and CEO             CFO                         VP & Corporate Secretary 
   Rambler Metals & Mining       Rambler Metals & Mining     Rambler Metals & Mining 
   Plc                           Plc                         Plc 
   Tel No: +1 (709) 800          Tel No: +1 (709) 800        Tel No: +1 (709) 532 
   1929                          1929                        5736 
   Fax No: +1 (709) 800          Fax No: +1 (709) 800        Fax No: +1 (709) 800 
   1921                          1921                        1921 
 
   Nominated Advisor (NOMAD) 
  Ewan Leggat, Kasia 
   Brzozowska 
   SP Angel Corporate 
   Finance LLP 
   Tel No: +44 (0) 20 
   3470 0470 
 
 
   Website:   www.ramblermines.com 

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April 12, 2023 08:53 ET (12:53 GMT)

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