Avocet Mining PLC ("Avocet" or "the Company") 
announces that it has received written confirmation 
from the Government of Guinea that it will not enforce 
its right to withdraw the Tri-K Mining Permit on 27 
September 2016 for a further three months (to 27 
December 2016), in view of the fact that the Company 
is in advanced discussions with interested parties 
with regard to the financing of that project.

The Company welcomes this extension, and expects to be 
able to announce the terms of a deal to finance Tri-K 
in the coming weeks.

For further information see the appendix at 
[http://www.newsweb.no].