Griffin Mining Limited Announces Share Cancellation Following Buyback

Griffin Mining Limited, based in London, UK, has officially announced the cancellation of 10,297,943 ordinary shares previously purchased under share buyback programmes. This action, communicated in a press release dated March 18, 2024, follows the company's initial buyback announcement on February 26, 2024. The cancellation of these shares leaves Griffin Mining Limited with a total of 184,530,477 ordinary shares issued, without any outstanding options or warrants. The company also confirmed its intention to continue with the share buyback program as previously outlined.

The decision to cancel shares and proceed with the buyback program reflects Griffin Mining Limited's ongoing strategy to manage its capital efficiently. Shares of Griffin Mining Limited are traded on the Alternative Investment Market (AIM) of the London Stock Exchange under the symbol GFM. The company is known for its significant operations in China, particularly the Caijiaying Zinc Gold Mine. This venture adds to the company's portfolio of profitable mining activities, producing various metals including zinc, gold, silver, and lead in concentrates.