DJ Eastinco Mining and Exploration PLC Rwandan Government response to COVID19
RNS Number : 1680H
Eastinco Mining and Exploration PLC
23 March 2020
Rwandan Government temporarily suspends all operations in Global effort to stop the spread of COVID 19.
London, England- The Directors of Eastinco Mining & Exploration PLC ("Eastinco") (NEX:EM.P) the pan-African mining company announces that further to the Announcement on Enhanced Covid-19 Prevention Measures from the Rwanda's Office of the Prime Minister on Saturday 21 March 2020 it will it has suspended mining operations in country.
The announcement specifically calls for "All employees (public and private) to work from home, except those providing essential services." It has also specified that this directive is for an initial two week period.
The Directors of the Company are committed to working with the Rwandan Government to rein in the virus and protect its employees and the people of Rwanda. In the meantime, our management and employees will focus on administrative tasks including planning for the development and further exploration of the sites at Kuaka and Huye.
Whilst the period of shut down is for an initial two week period the Directors expect that operations may be required to shut down for a longer period and are operating accordingly, However, we will update shareholders when further news is issued by the Prime Minister of Rwanda as to when we are allow to resume mining and exploration activities.
Follow us on twitter: @eastinco
The directors of Equatorial Mining and Exploration Plc accept responsibility for this announcement.
Equatorial Mining & Exploration Plc: firstname.lastname@example.org
Charles Bray, Executive Chairman
NEX EXCHANGE CORPORATE ADVISER:
Alexander David Securities Limited
David Scott -Corporate Finance
James Dewhurst - Corporate Broking
Telephone: +44 (0) 20 7448 9820
49 Queen Victoria Street, London EC4N 4SA
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 email@example.com or visit www.rns.com.
(END) Dow Jones Newswires
March 23, 2020 03:32 ET (07:32 GMT)