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    AVZ   AU000000AVZ6

AVZ MINERALS LIMITED

(AVZ)
Delayed Quote. Delayed Australian Stock Exchange - 01/18 11:04:10 pm
0.8 AUD   --.--%
01/17AVZ MINERALS : Change of Director's Interest Notice x5
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01/14AVZ Admitted to OTCQX Best Market
AQ
01/14AVZ MINERALS : Change of Director's Interest Notice x5
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SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Avz Minerals : Huayou Cobalt Group Increases Shareholding in AVZ

03/17/2019 | 09:24pm EST

AVZ Minerals Limited (ASX: AVZ, "The Company") advises that strategic shareholder Zhejiang Huayou Cobalt Co., Ltd (SHA:603799, Mkt Cap US$4.5bn) through its group company Huayou International Mining (Hong Kong) Limited, ("Huayou Cobalt Group") has purchased additional shares on market to increase its shareholding in AVZ to 9.49%.

Huayou Cobalt Group Increases Shareholding in AVZ

Huayou Cobalt Group is one of the world's largest manufacturers of cobalt chemicals for use in batteries and has extensive in-country experience with a number of established mining operations in the Democratic Republic of Congo.

AVZ Managing Director, Mr Nigel Ferguson said:

"We welcome Huayou Cobalt Group's continued support in the Manono Lithium and Tin Project. This illustrates the world-class quality and potential of the Manono Lithium and Tin Project. We look forward to working with Huayou Cobalt Group during this exciting time to bring the Manono Project into production."

For further information, visit www.avzminerals.com.au or contact:Mr. Leonard Math Company Secretary AVZ Minerals Limited Phone: +61 8 6117 9397

Media Enquiries: Mr. Luke Forrestal Media + Capital Partners Phone: +61 411 479 144

Email:admin@avzminerals.com.au

ASX ANNOUNCEMENT

18 March 2019

AVZ Minerals Limited

Level 2, Suite 9

389 Oxford Street Mt Hawthorn, WA 6016

AustraliaT: + 61 8 6117 9397

F: + 61 8 6117 9330 E:admin@avzminerals.com.au

W:www.avzminerals.comABN 81 125 176 703

Directors

Managing Director: Nigel Ferguson Technical Director: Graeme Johnston Non-Executive Director: Rhett Brans Non-Executive Director: Hongliang Chen Non-Executive Director: Guy Loando

Market Cap

$91 M

ASX Code: AVZ

Disclaimer

AVZ Minerals Limited published this content on 18 March 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 18 March 2019 02:23:04 UTC


ę Publicnow 2019
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Financials
Sales 2021 0,93  0,67  0,67 
Net income 2021 -5,40 M -3,88 M -3,88 M
Net cash 2021 2,46 M 1,77 M 1,77 M
P/E ratio 2021 -85,1x
Yield 2021 -
Capitalization 2 762 M 1 984 M 1 984 M
EV / Sales 2020 -
EV / Sales 2021 499 215 614x
Nbr of Employees 4
Free-Float 89,9%
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Managers and Directors
Nigel Munro Ferguson Managing Director & Executive Director
Jan de Jager Chief Financial Officer & Joint Secretary
John Allen Clarke Non-Executive Chairman
Graeme Godsman Johnston Director & Technical Director
Balthazar Tshiseke Administrative Director
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