Further to the announcement on 29 November, Avocet 
Mining PLC ("Avocet" or "the Company") confirms that 
shipment #315, which consisted of over 6,000 ounces of 
gold, has been sold, and that management fees for 
November and December have now been received by Avocet 
from Société des Mines de Bélahouro SA (the Group 
subsidiary which owns the Inata gold mine).  
Accordingly, the Company now has working capital to 
cover its corporate overheads through to the 
anticipated completion, in early January 2017, of the 
Tri-K disposal announced on 29 November 2016.

Although the 1,400 ounces of shipment #314 remain 
under seizure, the mine is in production and weekly 
shipments have now been reinstated as normal.  It is 
also hoped that a settlement will be reached with 
regards to the claims of the ex-workers in the coming 
weeks.

Further updates will be provided in due course.