Tectonic Gold Plc - First Payment Received on Silverstream Royalty PR Newswire

18 October 2019

TECTONIC GOLD PLC

(“Tectonic Gold” or the “Company”)

First payment received on Silverstream Royalty

Tectonic Gold plc (TDIM: TTAU), the Intrusive Related Gold (“IRGS”) company, is pleased to announce that it has received the first quarterly interest payment due from Silverstream SEZC. The interest is related to the convertible note received as part of the consideration on the sale of the Graphmada graphite mine royalty that was announced on 2 September 2019.

Highlights:

    --  First payment received on 12-month convertible note

    --  CAD$250,000 5% note matures in August 2020


For further details of the transaction please see the announcement made on 2 September 2019.

About Tectonic Gold:

Tectonic Gold is a specialist gold exploration company, focused on the identification and delineation of large-scale, multimillion-ounce Intrusion Related Gold System (“IRGS”) assets. Tectonic Gold holds a number of gold discoveries in the New England Orogen in Eastern Australia, a prolific gold region that is home to Australia’s two largest gold production companies, Newcrest Mining and Evolution Mining.

The Directors of the Company accept responsibility for the contents of this announcement.

For further information, please contact:


Tectonic Gold plc                          +61 2 9241 7665
Brett Boynton
Sam Quinn
www.tectonicgold.com
@tectonic_gold

NEX Exchange Corporate Adviser and Broker
Peterhouse Capital Limited                +44 20 7469 0930
Mark Anwyl

Financial Adviser and Broker
VSA Capital Limited                       +44 20 3005 5004
Andrew Raca – Corporate Finance
Andrew Monk – Corporate Broking



Ends

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.