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DJ Eastinco Mining and Exploration PLC Rwandan Government response to COVID19

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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.

Charles Bray

Executive Chairman

charles.bray@eme-plc.com

Follow us on twitter: @eastinco

The directors of Equatorial Mining and Exploration Plc accept responsibility for this announcement.

   Equatorial Mining & Exploration Plc:                                    charles.bray@eme-plc.com 

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

http://www.ad-securities.com

49 Queen Victoria Street, London EC4N 4SA

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March 23, 2020 03:32 ET (07:32 GMT)