Announcements 2007
Interim Results For The Period Ended 30 June 2007
14 September 2007
Brinkley Mining announces its un-audited interim results for the period ended 30 June 2007.
HIGHLIGHTS
- Prospecting rights over Waterval area and a portion of Rietkuil area were notarised and executed
- Completed radiometric survey on Waterval concession
- Commenced drilling at Waterval concession
- Robert Charles Croll appointed as Executive Director- Business Development
- Signed agreement with Commissariat General a l'Energie Atomique ("CGEA") in the Democratic Republic of Congo ("DRC") detailing basis and conditions to explore and exploit for uranium in DRC. 5 prospective uranium areas in the DRC have been identified and applications currently in progress
- Initial results generated from the Waterval area
Gerard Holden, Executive Chairman, commented:
"Brinkley Mining has progressed well this year, in particular formalising the JV with the CGEA to explore and exploit for uranium in the DRC, where resources are under explored. The Waterval concession is on track and we are aiming to confirm the inferred resource on this project this year. We continue to assess opportunities and are actively progressing applications on a number of uranium projects, with discussions in Southern Sudan and Chad being the most advanced. We believe that we have positioned ourselves in some of the most prolific regions for uranium exploration and are confident that these projects will provide an exciting package for our shareholders."
Brinkley Mining Plc
Gerard Holden, Chairman
Donald Strang, Finance Director
Bruce Stewart, Investor Relations
Tel +44 (0) 207 016 5108
Fax +44 (0) 207 016 5101
Beaumont Cornish Limited
Roland Cornish, Chairman
Tel +44 (0) 20 7628 3396
Fax +44 (0) 207628 3393
Parkgreen Communications
Justine Howarth Tel +44 (0) 20 7851 7480
CHAIRMAN'S STATEMENT
The six months ended 30 June 2007 has seen Brinkley Mining Plc ("Brinkley Mining") move closer to securing resources to underpin the value of the company. Brinkley Mining has seen good progress in the development of its' prospecting operations and its business development strategy.
In South Africa, prospecting rights were granted for the Waterval and a portion of the Rietkuil areas. At Waterval, drilling is progressing well and significant progress is being made.
In the Democratic Republic of Congo ("DRC"), an agreement was signed with the Commissariat General a l'Energie Atomique ("CGEA") to incorporate a jointly owned DRC company to exploit deposits of uranium and associated minerals in the DRC. The agreement also provides for a priority right over any uranium deposits to be given to the new company.
In addition, during the last few months Brinkley Mining has also been actively progressing applications for a number of uranium projects in a variety of different countries in Africa.
Exploration Summary
South Africa
Since February 2007, when the Prospecting Right over the areas at Waterval and Rietkuil were granted and executed, considerable progress has been made in the exploration programme at Waterval.
Following completion and interpretation of an airborne radiometric survey, three exploration targets were delineated over the Waterval area. In addition, approximately 450 historic holes were identified and a down-the-hole radiometric survey has been carried out to delineate uraniferous mineralisation in the previously drilled holes. This has reduced the work programme required to determine a resource and represents a significant advantage over other early stage exploration projects.
In May 2007, a diamond drilling programme commenced to confirm and define the historical resource and test the significance of radiometric anomalies identified during the airborne reconnaissance programme. The diamond drill programme has tested two of the three drill targets identified.
By early September 2007, approximately 7,700 metres has been drilled over 96 holes. The drilling programme has been expanded from the initial estimate of 5,000 metres to further define uranium and other associated minerals. In addition, the down-the-hole radiometric survey of historical holes which began in April 2007 is complete and we are awaiting final interpretation of these results.
The initial drilling results have revealed two uraniferous palaeochannel horizons. The main horizon is between 35 and 45 metres below the surface, while the secondary uraniferous horizon has been identified at between 9 and 13 metres below surface. Currently, the geological model is being updated to reflect the expanded drilling programme and associated assaying.
Given the progress to date of the drilling programme and other exploration activities, combined with the processing of the additional drill samples, the Directors anticipate having a preliminary resource statement prepared in the 4th quarter 2007.
Democratic Republic of Congo
In July 2007, the Company signed a contract with the DRC's CGEA which should enable the grant of the prospecting rights over five key areas which are highly prospective for uranium.
The contract provides for a DRC company to be incorporated (75% Brinkley Mining, 25% CGEA and Government) to exploit deposits of uranium and associated minerals in the DRC. This new company's primary objective is the exploration, exploitation, treatment and marketing of uranium and associated minerals. Brinkley Mining will also provide the CGEA with technical and financial assistance in order for it to better fulfil its obligations under international agreements. The new company is in the process of being incorporated and, as an SARL (public limited company), will require the issue of a Presidential Ordannance.
The agreement provides for the new company to have a priority right over any uranium deposits in the country. Initial priority targets agreed with the CGEA are Shinkolobwe, Mindigi, Kalongwe, Kasompi and Samboa, all in the Katanga Province. The five priority targets all have known uranium occurrences, and have been explored previously to various levels of development. Of note is the former Shinkolobwe mine where exploitation was carried out from 1921 up to 1959. Approximately 39,000 metres of exploratory and mine development drilling were undertaken during this period. Mining for radium began in 1921 and continued until 1936. After WWII the main metal explored and mined until cessation in 1960 was uranium oxide. Production from 1944 to 1960 was approximately 65 million pounds of uranium oxide.
The process of granting prospecting rights for these areas is expected to be completed by the end of 2007. In order to hold a 75% effective interest in the uranium projects in the DRC, Brinkley Mining, through a wholly owned subsidiary, has purchased the minority interests in Brinkley Africa for approximately £8.8 million (40 million shares and £500,000 in cash) plus a balancing payment of 50% of the net present value of the first project brought to the bankable feasibility stage, which is payable in cash or Brinkley Mining shares at the Company's option.
To date, Brinkley Mining has undertaken an extensive desk top study and a technical team is in place to mobilise shortly. Initial work is expected to focus on the re-modeling of all existing drill data to establish JORC compliant resource estimates and provide new drill targets. It is understood this could involve the re-evaluation of over 39,000m of diamond drilling undertaken prior to 1981. This work will be based in Lubumbashi where an office has been established. The field work at Shinkolobwe and the other areas will focus on mapping, radiometric surveying and sampling of prospective lithologies along strike and adjacent to the Kundelungu Fault. It is intended to fast track the project to bankable feasibility study at the earliest opportunity.
Southern Sudan
Brinkley Mining has applied for two areas believed to be prospective in the southern part of Southern Sudan. Negotiations with local authorities are continuing and it is expected that prospecting rights will be granted in the near future.
Chad
Brinkley Mining has signed a Mining Convention with the government of Chad and has applied for 3 areas in the west of the country. A technical programme of work has started consisting of reconnaissance mapping, radiometric surveying and sampling of prospective lithologies. Prospecting rights are expected to be granted in the near future.
Corporate
Mr Rob Croll has been appointed Executive Director - Business Development, of the Company with effect from 1st July 2007. Rob is a mining engineer by training who has enjoyed a varied career in the African mining industry with experience at many companies and operations including Anglo American, Anglovaal and De Beers.
Financial Results Summary
The Group loss for the six months ended 30 June 2007 was approximately £0.9m which is mainly attributable to an expense relating to share based payments.
Outlook
Since the year end the Company has continued to implement its objective to build a portfolio of uranium projects in Africa. We believe that we have positioned ourselves in some of the most prolific regions for uranium exploration and we are confident that these projects will provide an exciting package for our shareholders. We expect a regular news flow from our operations and investment and will keep shareholders informed of all activities.
On behalf of the Board I also wish to record the Company's appreciation of the efforts of my fellow Directors, our employees, contractors and suppliers, who have assisted Brinkley Mining in its endeavours during the previous 6 months and we look forward to a rewarding future for all stakeholders in the Company.
J Gerard Holden
Executive Chairman
14 September 2007
Independent Review Report to Brinkley Mining Plc
Introduction
We have been instructed by Brinkley Mining Plc (the company) to review the
financial information comprising the consolidated income statement, consolidated
balance sheet, consolidated cash flow statement and notes thereon and we have
read the other information contained in the interim report and considered
whether it contains any apparent mis-statements or material inconsistencies with
the financial information.
This report is made solely to the Company in accordance with guidance contained
in Bulletin 1999/4 "Review of interim financial information" issued by the
Auditing Practices Board. To the fullest extent permitted by law, we do not
accept or assume responsibility to anyone other than the company, for our work,
for this report, or for the conclusions we have formed.
Directors' responsibilities
The interim report, including the financial information contained therein, is
the responsibility of, and has been approved by the Directors. The directors are
responsible for preparing the interim report in accordance with the rules of the
London Stock Exchange for companies trading securities on the Alternative
Investment Market which require that the half-yearly report be presented and
prepared in a form consistent with that which will be adopted in the company's
annual accounts having regard to the accounting standards applicable to such
annual accounts.
Review work performed
We conducted our review in accordance with guidance contained in Bulletin 1999/4
issued by the Auditing Practices Board for use in the United Kingdom by auditors
of fully listed companies. A review consists principally of making enquiries of
the Directors and applying analytical procedures to the financial information
and underlying financial data and based thereon, assessing whether the
accounting policies and presentation have been consistently applied unless
otherwise disclosed. A review excludes audit procedures such as tests of
controls and verification of assets, liabilities and transactions. It is
substantially less in scope than an audit performed in accordance with United
Kingdom Auditing Standards and therefore provides a lower level of assurance
than an audit. Accordingly we do not express an audit opinion on the financial
information.
Review conclusion
On the basis of our review we are not aware of any material modifications that
should be made to the financial information as presented for the six months
ended 30 June 2007.
CHAPMAN DAVIS LLP
Chartered Accountants
2 Chapel Court
London SE1 1HH
14 September 2007
The maintenance and integrity of the Brinkley Mining Plc website is the
responsibility of the directors; the work carried out by the auditors does not
involve consideration of these matters and, accordingly, the auditors accept no
responsibility for any changes that may have occurred to the financial
information since it was initially presented on the website.
BRINKLEY MINING PLC
GROUP INCOME STATEMENT
FOR THE SIX MONTHS ENDED 30 JUNE 2007
Note 6 months to Period ended
30 June 2007 31 December 2006
(unaudited) (audited)
£'000 £'000
Administrative expenses (375) (889)
Share options expensed 5 (942) (2,258)
------------ ------------
Operating loss (1,317) (3,147)
------------ ------------
Interest receivable 402 505
------------ ------------
Loss on ordinary activities before
taxation (915) (2,642)
Taxation on loss on ordinary activities - -
------------ ------------
Loss for the financial period (915) (2,642)
Basic loss per share expressed in pence 3 (0.30) (1.17)
BRINKLEY MINING PLC
GROUP BALANCE SHEET
AS AT 30 JUNE 2007
Note As at As at
30 June 2007 31 December 2006
(unaudited) (audited)
£'000 £'000
Assets
Non-current assets
Intangible assets 4,194 2,240
Tangible assets 7 7,813 7,578
------------ ------------
12,007 9,818
Current assets
Trade and other receivables 603 475
Cash 14,202 16,615
------------ ------------
Total current assets 14,805 17,090
------------ ------------
TOTAL ASSETS 26,812 26,908
------------ ------------
Current Liabilities
Trade and other payables (142) (192)
------------ ------------
Total Liabilities (142) (192)
------------ ------------
Net Assets 26,670 26,716
============ ============
Shareholders' equity
Called up share capital 4 465 465
Share premium account 19,535 19,535
Retained loss (3,557) (2,642)
Merger reserve 7,033 7,033
Foreign exchange reserve (120) (47)
Share based payment reserve 3,314 2,372
------------ ------------
Total Equity 26,670 26,716
============ ============
BRINKLEY MINING PLC
GROUP CASH FLOW STATEMENT
FOR THE SIX MONTHS ENDED 30 JUNE 2007
6 months to Period ended
30 June 2007 31 December 2006
(unaudited) (audited)
£'000 £'000
Cash outflow from operating activities
------------ ------------
Operating Loss (1,317) (3,147)
(Increase) in trade and other receivables (128) (475)
Increase/(decrease) in trade and other
payables (50) 192
Foreign exchange translation (73) (47)
Share options expensed 942 2,258
------------ ------------
Net cash outflow from operating activities (626) (1,219)
------------ ------------
Cash flows from investing activities
Interest received 402 505
------------ ------------
Net cash inflow from investing activities 402 505
------------ ------------
Cash flows from investing activities
Payments to acquire intangible assets (1,954) (623)
Payments to acquire tangible assets (235) (326)
------------ ------------
Net cash outflow from investing activities (2,189) (949)
------------ ------------
Acquisitions and disposals
Payments to acquire subsidiaries - (267)
------------ ------------
Net cash outflow from acquisitions and
disposals - (267)
------------ ------------
Cash flows from financing activities
Issue of ordinary share capital - 19,311
Share issue costs - (766)
------------ ------------
Net cash inflow from financing activities - 18,545
------------ ------------
Net (decrease)/increase in cash and cash
equivalents (2,413) 16,615
Cash and cash equivalents at beginning of
period 16,615 -
------------ ------------
Cash and cash equivalents at end of period 14,202 16,615
------------ ------------
BRINKLEY MINING PLC
GROUP STATEMENT OF CHANGES IN EQUITY
FOR THE SIX MONTHS ENDED 30 JUNE 2007
Called Share Merger Foreign Share Retained Total
up share premium reserve currency based earnings
capital reserve translation payment
reserve reserve
Group £ 000's £ 000's £ 000's £ 000's £ 000's £ 000's £ 000's
As at 11 - - - - - - -
August 2005
Share
capital 465 20,580 - - - - 21,045
issued
Cost of
share - (1,045) - - - - (1,045)
issue
Merger
reserve
arising on
acquisition - - 7,033 - - - 7,033
of
subsidiary
Loss for
the - - - - - (2,642) (2,642)
year
Share based
payments - - - - 2,372 - 2,372
Currency
translation
differences - - - (47) - - (47)
------- ------- ------- -------- ------- ------- -------
As at 31
December 465 19,535 7,033 (47) 2,372 (2,642) 26,716
2006 ------- ------- ------- -------- ------- ------- -------
As at 1
January 465 19,535 7,033 (47) 2,372 (2,642) 26,716
2007
Currency
translation
differences - - - (73) - - (73)
Share based
payments - - - - 942 - 942
Loss for
the - - - - - (915) (915)
period
------- ------- ------- -------- ------- ------- -------
As at 30
June 465 19,535 7,033 (120) 3,314 (3,557) 26,670
2007 ------- ------- ------- -------- ------- ------- -------
BRINKLEY MINING PLC
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE SIX MONTHS ENDED 30 JUNE 2007
1. Basis of preparation
The interim results have not been audited but were the subject of an independent
review carried out by the Company's auditors, Chapman Davies LLP. Their review
confirmed that the figures were prepared using applicable accounting policies
and practices consistent with those adopted in the statutory accounts for the
year ended 31 December 2006. The figures for the year ended 31 December 2006
have been extracted from these accounts, which have been delivered to the
Registrar of Companies and contained an unqualified audit report.
The interim consolidated financial statements for the six months ended 30 June
2007 have been prepared in accordance with IAS 34 'Interim Financial Reporting'.
Accordingly the interim financial statements do not include all of the
information or disclosures required in the annual financial statements and
should be read in conjunction with the Group's 2006 annual financial statements.
The financial information contained in this document does not constitute
statutory accounts as defined by Section 240 of the Companies Act 1985. In the
opinion of the directors the financial information for this period fairly
presents the financial position, result of operations and cash flows for this
period.
2. Segmental analysis
6 months to Period ended
30 June 2007 31 December 2006
(unaudited) (audited)
£'000 £'000
Operating loss by geographical area
United Kingdom 839 2,574
South Africa 76 54
Cyprus - 14
---------------- ----------------
915 2,642
---------------- ----------------
Segment assets
United Kingdom 14,147 16,700
South Africa 9,571 8,356
Democratic Republic of Congo 2,685 1,852
Cyprus - -
Sudan 126 -
Chad 283 -
---------------- ----------------
Total assets 26,812 26,908
---------------- ----------------
BRINKLEY MINING PLC
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE SIX MONTHS ENDED 30 JUNE 2007
3. Loss per share
The calculation of earnings per share is based on the loss after taxation
divided by the weighted average number of share in issue during the period:
6 months to Period ended
30 June 2007 31 December 2006
(unaudited) (audited)
£'000 £'000
Net loss after taxation (915) (2,642)
Weighted average number of ordinary shares
used in calculating basic earnings per share 309.7 m 225.9m
Basic loss per share (expressed in pence) (0.30)p (1.17)p
As the inclusion of the potential ordinary shares would result in a decrease in
the loss per share they are considered to be antidilutive and, as such, a
diluted loss per share is not included.
4. Called up share capital
The authorised share capital of the Company and the called up and fully paid
amounts at 30 June 2007 were as follows:
£'000
Authorised
1,000,000,000 ordinary shares of 0.15p each 1,500
----------------------------- ------------ ------------
Called up, allotted, issued and fully paid Number of shares Nominal value
£000's
----------------------------- ------------ ------------
Incorporation 2 -
August 2005 for cash at 0.15p per share 19,999,998 30
August 2005 for cash at 2p per share 16,250,000 24
November 2005 for cash at 5p per share 19,360,000 29
November 2005 - non cash to acquire Uranium
Holdings (Pty)Ltd at 5p per share 145,000,000 218
December 2005 for cash at 5p per share 22,350,000 34
January 2006 for cash at 5p per share 2,300,000 3
May 2006 for cash at 20p per share 75,347,770 113
May 2006 - non cash in lieu of commissions
at 20p per share 734,888 1
May 2006 for cash at 50p per share 3,371,514 5
May 2006 - non cash in lieu of commissions
at 50p per share 37,076 -
November 2006 - non cash to acquire 70% of
Brinkley Africa Limited at 0.15p per share 5,000,000 8
------------ ------------
As at 31 December 2006 and 30 June 2007 309,751,248 465
------------ ------------
BRINKLEY MINING PLC
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE SIX MONTHS ENDED 30 JUNE 2007
Total share options in issue
During the 6 months ended 30 June 2007, 14,000,000 options were issued.
As at 30 June 2007 the options in issue were;
---------------- -------------------- -------------------
Exercise Price Expiry Date Options in Issue
30 June 2007
---------------- -------------------- -------------------
50p 5 June 2011 20,000,000
50p 27 June 2011 6,000,000
50p 13 September 2011 4,000,000
25p 26 January 2012 3,000,000 (*)
25p 5 April 2012 8,000,000
25p 5 April 2012 3,000,000 (*)
-------------------
44,000,000
-------------------
(*) These options issued have a vesting period of 12 months from grant date.
No options lapsed or were cancelled and no options were exercised during the 6
months to 30 June 2007.
Total warrants in issue
As at 31 December and at 30 June 2007 there were 1,523,756 on issue to subscribe
for Ordinary shares at 50p expiring on 5 June 2011. All warrants are currently
exercisable.
No warrants lapsed, or were cancelled and no warrants were exercised during the
6 months ended 30 June 2007.
5. Share based payments
Under IFRS 2 'Share Based Payments', the Company determines the fair value of options
issued to Directors and Employees as remuneration and recognises the amount as an
expense in the income statement with a corresponding increase in equity.
Name Date Granted Date Vested Number Exercise Expiry Date Fair
Price Value at
(pence) Grant
Date
(pence)
Employee
options 26 January 26 January 3,000,000 25 26 January 11.17
2007 2008 2012
Gerard 5 April 2007 5 April 2007 5,000,000 25 5 April 2012 9.67
Holden
Donald 5 April 2007 5 April 2007 3,000,000 25 5 April 2012 9.67
Strang
Employee
options 5 April 2007 5 April 2008 3,000,000 25 5 April 2012 9.67
---------- --------- --------- -------- ------- ---------- --------
Totals 14,000,000
---------- --------- --------- -------- ------- ---------- --------
BRINKLEY MINING PLC
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE SIX MONTHS ENDED 30 JUNE 2007
5. Share based payments (continued)
The fair value of the options vested during the six months ended 30 June 2007
£0.94 million. The assessed fair value at grant date is determined using the
Black-Scholes Model that takes into account the exercise price, the term of the
option, the share price at grant date, the expected price volatility of the
underlying share, the expected dividend yield and the risk-free interest rate
for the term of the option.
The following table lists the inputs to the models used for the six months ended
30 June 2007:
5 April 2007 issue 26 January 2007 issue
Dividend Yield (%) - -
Expected Volatility (%) 25 25
Risk-free interest rate (%) 4.80 4.80
Share price at grant date (£) 0.215 0.235
The expected volatility reflects the assumption that the historical volatility
is indicative of future trends, which may, not necessarily be the actual
outcome.
BRINKLEY MINING PLC
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE SIX MONTHS ENDED 30 JUNE 2007
6. Investment in subsidiaries
Company Country of Proportion Nature of business
------------------------ Registration held ---------------
-------- --------
Direct
Brinkley
Mining Ltd Cyprus 100% Holding Company
Brinkley
Mining Project
1 Ltd Cyprus 100% Holding Company
Brinkley
Mining Project
3 Ltd Cyprus 100% Holding Company
Brinkley
Mining Project
5 Ltd Cyprus 100% Holding Company
Brinkley
Mining Project
Services Ltd Cyprus 100% Project management
Indirect
Via Brinkley Mining Ltd
Western
Uranium (Pty)
Ltd South Africa 49% Mineral
Exploration
Brinkley
Mining South
Africa (Pty)
Ltd South Africa 100% Land Holdings and
Options
Brinkley
Mining South
Africa Project
1 (Pty) Ltd South Africa 100% Shell Company
Via Brinkley Mining Project 1 Ltd
Brinkley
Mining Project
2 Ltd Cyprus 100% Holding Company
Brinkley
Africa Ltd Seychelles 70% Mineral
Exploration
Via Brinkley Mining Project 3 Ltd
Brinkley
Mining Project
4 Ltd Cyprus 100% Mineral
Exploration
Via Brinkley Mining Project 5 Ltd
Brinkley
Mining Project
6 Ltd Cyprus 100% Mineral
Exploration
Brinkley
Mining Project
7 Ltd Cyprus 100% Holding Company
Brinkley
Mining Project
8 Ltd Cyprus 100% Holding Company
The parent company acquired 100% of the share capital of Brinkley Mining Project
5 Ltd on incorporation on 7 March 2007. Brinkley Mining Project 5 Ltd acquired
its direct subsidiaries; Brinkley Mining Project 6 Ltd, Brinkley Mining Project
7 Ltd and Brinkley Mining Project 8 Ltd on incorporation on 7 March 2007, 8 June
2007 and 19 May 2007 respectively.
The parent company acquired 100% of the share capital of Brinkley Mining Project
Services Ltd on incorporation on 7 March 2007.
BRINKLEY MINING PLC
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE SIX MONTHS ENDED 30 JUNE 2007
7. Tangible assets
Plant and equipment Land Total
Group £ 000's £ 000's £ 000's
At 31 December 2006 68 7,511 7,578
Additions 234 - 234
-------------- -------------- ------------
As at 30 June 2007 302 7,511 7,813
-------------- -------------- ------------
8. Post balance sheet events
On 11 July 2007, the Company signed an agreement with the Democratic Republic of
Congo's ("DRC") Commissariat General a l'Energie Atomique ("CGEA") which sets
out the basis and conditions on which Brinkley Mining and the CGEA will
establish a joint venture company whose objective,inter alia, is to explore for,
and exploit uraniferous deposits with particular emphasis on an initial five
key areas which are prospective for uranium in the DRC.
On 7 August 2007, the Company issued the consideration to acquire the remaining
minority interests in Brinkley Africa Limited for a consideration of
approximately £8.8 million. The consideration was settled by the issue of 40
million new ordinary shares in Brinkley Mining Plc and £500,000 in cash. The
consideration shares are locked in for a period of twelve months. A balancing
payment in cash or shares, at Brinkley Mining's option, will be made on
completion of the first bankable feasibility study.
The purchase of the remaining shares in Brinkley Africa will allow the Company
to hold a 75% effective interest in the uranium projects in the DRC.
Corporate Information
Registered
number 5533856
Directors Gerard Holden- Executive Chairman
Donald Strang- Finance Director and Company Secretary
Robert Croll - Executive Director
Clayton Dodd - Non Executive Director
Zodwa Manase- Non Executive Director
Kiran Morzaria - Non Executive Director
Company Secretary Donald Strang
Investor Relations Bruce Stewart
Registered Office Level 5, 22 Arlington Street
London SW1A 1RD
United Kingdom
Tel: +44 (0)20 7016 5108
Fax: +44 (0)20 7016 5101
Email: info@brinkley-mining.com
Website: www.brinkley-mining.com
Reporting Accountants Chapman Davis LLP Moore Stephens
2 Chapel Court 7 West Street
London SE1 1HH Houghton, Johannesburg 2198
United Kingdom South Africa
Solicitors Kerman & Co LLP Edward Nathan
7 Savoy Court 150 West Street
Strand, London WC2R 0ER Sandton, Johannesburg 2146
United Kingdom South Africa
Nominated Adviser Beaumont Cornish Limited
5th Floor, 10-12 Copthall Avenue
London EC2 7DE
United Kingdom
Broker Arbuthnot Securities Limited
Arbuthnot House
20 Ropemaker Street
London EC2Y 9AR
United Kingdom
Registrars Share Registrars Limited
Craven House
West Street, Farnham
Surrey GU9 7EN
United Kingdom
Principal Bankers Bank of Scotland
38 Threadneedle Street
London EC2P 2EH
United Kingdom
African Office 4 Fricker Road
Illovo Boulevard
Illovo, Johannesburg 2196
South Africa
Copies of this interim statement are available from the Company's website,
www.brinkley-mining.com
