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ALPHAMIN ANNOUNCES CAD$0.07 PER SHARE INTERIM FY2025 DIVIDEND/ APPOINTMENT OF TWO NEW DIRECTORS/ FILES Q2 2025 FINANCIAL STATEMENTS AND MD&A
Globenewswireยท2025-08-07 21:01

Group 1: Appointment of Directors - The Company appointed Mr. Ravi Sharma and Mr. Abhinay Khowala as new directors following the acquisition of a 56% shareholding by International Resources Holding's subsidiary, Alpha Mining Ltd [2][3] - Mr. Sharma has 36 years of experience in the mining industry and is a JORC Competent Person and NI 43 101 Qualified Person for Mineral Resource Estimates [4] - Mr. Khowala has over 20 years of experience in financial management and is a qualified Chartered Accountant from The Institute of Chartered Accountants of India [5] Group 2: Interim FY2025 Dividend - The Board declared an interim FY2025 cash dividend of CAD$0.07 per share, totaling approximately US$65 million, payable on September 15, 2025 [6] - The Company intends to consider a further top-up FY2025 dividend in November 2025 based on its financial position and market conditions [6] Group 3: Company Objectives - The Company aims to declare semi-annual dividends and to enhance its tin production by increasing exploration efforts to extend the life of the mine and search for new tin deposits near the Bisie mine [7]