Dividend Declaration

13.12.2018

The Board of Directors of Highland Gold Mining Limited ("Highland Gold" or the "Company", AIM: HGM) has approved the payment of a second interim dividend for 2018 in the amount of £0.05 per share, to be distributed to shareholders on 25 January 2019. The ex-dividend date is 20 December 2018 and the record date is 21 December 2018.

The Company offers an option for shareholders to elect to receive their dividends in US dollars. Payments for dividends in US dollars are fixed at an exchange rate of 1.266 GBP/US$, or US$0.063 per share. To receive payment in US dollars, shareholders should complete and file the Currency Election Form no later than the record date (Election Deadline), 21 December 2018. The form and instructions for filing it are available on the Dividends page in the Investors section of the Highland Gold website (www.highlandgold.com).

At the Annual General Meeting earlier this year, shareholders approved the Company's proposed scrip dividend scheme, which would have additionally offered the option to receive dividends as new shares. However, the Board of Directors has decided not to offer a scrip dividend at this time.

 

FOR FURTHER INFORMATION PLEASE CONTACT:

Highland Gold Mining Ltd.

                

John Mann, Head of Communications

+ 7 495 424 95 21

Duncan Baxter, Non-Executive Director

+ 44 (0) 1534 814 202

Numis Securities Limited

(Nominated Adviser and Joint Broker)

John Prior, James Black, Paul Gillam

+44 (0) 207 260 1000

 

BMO Capital Markets Limited

(Joint Broker)

Jeffrey Couch, Tom Rider, Pascal Lussier Duquette

+44 (0) 207 236 1010

Peat & Co

(Joint Broker)

Charlie Peat

+44 (0) 207 104 2334