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Investegate |Altyn Plc Announcements | Altyn Plc: Final Results


• 16,535oz of gold sold (2019: 10,500oz), an increase of 57%.
• Average gold price achieved (including silver), US$1,816oz, (2019: US$1,390oz).
• The Company made a profit before tax of US$3.3m (2019: loss US$1.04m).
• Adjusted EBITDA (Earnings before interest, tax, depreciation and amortisation) of US$13.5m (2019: US$3.3m).
• The Company finalised the listing of the balance of the US$10m 9% bonds on the Astana International Exchange (AIX).
• The balance of the facility with JSC Bank Center Credit of US$8m was drawn down during the year.
• A share placing with JSC Freedom Finance raised US$1.5m in the year.
• New facility taken out in December 2020 with Bank Center Credit of US$5.5m, (2.3bln Tenge), of this US$973,000 was drawn down before the year end. ....

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