Dividend Declaration

12 December 2019

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 2019 in the amount of £0.05 per share, to be distributed to shareholders on 17 January 2020. The ex-dividend date is 19 December 2019 and the record date is 20 December 2019.

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 1.3178 GBP/US$, or US$0.066 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), 20 December 2019. 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).


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)

Tom Rider, Pascal Lussier Duquette, Neil Elliot

+44 (0) 207 236 1010


Peat & Co

(Joint Broker)

Charlie Peat

+44 (0) 207 104 2334