Quarterly Financial Statements

1 July, 2015

EMED Mining Public Limited (AIM: EMED, TSX: EMD) , the Europe-based minerals development and exploration company, announces its unaudited quarterly results for the three months ended 31 March 2015, together with the unaudited, condensed interim consolidated Financial Statements.

Period Highlights

The Resolution containing the granting of the Mining Permit for the Rio Tinto Copper Project (“Proyecto Riotinto”) was signed on 23 January 2015
Continued onsite development ahead of planned production restart
Ongoing infill drilling with a view to defining a new resource

Post Period End Highlights

£64.9 million capital raising completed via a placing, open offer and subscription at 4.75p per ordinary share
The proceeds allow the immediate completion of the Proyecto Riotinto refurbishment, leading to an earlier than expected restart of production
Funding in place to expand production to 7.5Mtpa
Liberty Metals & Mining Holdings, LLC is now a cornerstone investor alongside Urion Holdings (Malta) Limited (an indirect subsidiary of Trafigura Beheer B.V), Orion Mine Finance (Master) Fund I XLP and Yanggu Xiangguang Copper Co. Ltd (via its affiliated company Hong Kong Xiangguang International Holdings Limited)
Appointment of Jesus Fernandez Lopez to the Board of Directors


EMED Roger Davey/Alberto Lavandeira +34 959 59 28 50
Canaccord Genuity Limited (Corporate Broking) Henry Fitzgerald-O’Connor/Oliver Donaldson +44 207 523 8000
Brandon Hill Capital Oliver Stansfield +44 203 463 5061
Walbrook PR Nick Rome +44 207 933 8783