VVV Resources Limited: Unaudited Preliminary Results for the year ended 31 December 2021
Announcement provided by
VVV Resources Limited · VVV30/06/2022 17:46
VVV Resources Limited (VVV)
VVV Resources Limited AQSE: VVV ("VVV” or the “Company”)
Unaudited Preliminary Results for the year ended 31 December 2021
VVV Resources Limited (formerly Veni Vidi Vici Limited) announces its unaudited preliminary results for the year end ended 31 December 2021.
The information set out below has been extracted from the Company’s draft report and accounts for the year ended 31 December 2021 and has not been audited. A further announcement will be released by the Company on completion of the audit, expected shortly, and any material changes between the financial information set out below and the audited financial information will be disclosed in that announcement.
“CHAIRMAN’S STATEMENT Overview On 30th June 2021 the Company was renamed VVV Resources Limited.
Due to strict COVID-19 restrictions in
The Shangri La Project is a gold-copper-silver project comprising a polymetallic hydrothermal quartz vein type deposit covering an area of 10 hectares. The Shangri La Project is located 10 kilometres west of Kununurra, the central town of the Northeast Kimberley region in
During the first six months, the Company’s activities were limited solely to desk studies, due (as per above) due to the tight COVID-19 travel restrictions imposed in
Furthermore, the Company reported in June 2021 that Donald Strang resigned as a Director of the Company and Lester Kemp, a Geologist with over 25 years of experience in the resources sector, was elected as the Company’s Chief Operating Officer and later made a Non-Executive Director in 2022.
A number of projects in
FINANCE REVIEW The loss for the year was
The accounts to 31 December 2021 have not been fully reviewed by the Company’s auditors.
Mahesh Pulandaran Managing Director 30 June 2022
The directors of the Company accept responsibility for the contents of this announcement.
For further information please contact:
Statement of profit or loss and other comprehensive income for the year ended to 31 December 2021
Statement of financial position as at 31 December 2021
Market Abuse Regulation (MAR) Disclosure The information contained within this announcement is deemed by the Company to constitute inside information. Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.
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ISIN: | VGG9470B1004 |
Category Code: | MSCM |
TIDM: | VVV |
LEI Code: | 213800OEUSH43X859D83 |
Sequence No.: | 171899 |
EQS News ID: | 1388337 |
End of Announcement | EQS News Service |
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