Proposed partial
disposal and
financing of Tri-K,
transfer of listing
category, reduced
notice period and
notice of General
Meeting


Avocet Mining PLC
("Avocet" or "the
Company") announces
that it has today
sent to shareholders
a circular (the
"Circular") and a
Notice of General
Meeting, to be held
at the offices of
Fieldfisher LLP,
Riverbank House, 2
Swan Lane, London
EC4R 3TT at 11.00
a.m. on 22 December
2016. 

At this meeting, the
following
resolutions will be
proposed:

1. To approve the
partial disposal and
financing of Tri-K
(as announced on 10
October 2016);
2. To approve a move
down from the
Premium List to the
Standard List of the
London Stock
Exchange; and 
3. To approve a
proposed reduction
in the notice period
required to be given
for general meetings
of shareholders
(other than AGMs)
from 21 to 14 days.

The partial disposal
of Tri-K will be
proposed as an
ordinary resolution,
requiring a simple
majority of the
votes cast, while
the other two
resolutions will be
proposed as special
resolutions,
requiring the
approval of 75 per
cent of the votes
cast.

A copy of the
Circular is
available on the
Company's website
www.avocetmining.com




The above highlights
should be read in
conjunction with the
full text of the
announcement
(attached as PDF to
this).
 
Capitalised terms
used herein but not
defined have the
same meanings as set
out in the Circular.
 
Strand Hanson
Limited ("Strand
Hanson"), which is
regulated in the
United Kingdom by
the FCA, is acting
exclusively for
Avocet Mining plc
and no one else in
connection with the
Proposals and will
not be responsible
to anyone other than
Avocet Mining plc
for providing the
protections afforded
to its clients, for
the contents of this
announcement or for
providing any advice
in relation to this
announcement or the
Proposals.

NOTES TO EDITORS

Avocet Mining PLC
("Avocet" or the
"Company") is an
unhedged gold mining
and exploration
company listed on
the London Stock
Exchange (ticker:
AVM.L) and the Oslo
Børs (ticker:
AVM.OL). The
Company's principal
activities are gold
mining and
exploration in West
Africa.
In Burkina Faso the
Company owns 90% of
the Inata Gold Mine.
The Inata Gold Mine
poured its first
gold in December
2009 and produced
74,755 ounces of
gold in 2015. Other
assets in Burkina
Faso include five
exploration permits
surrounding the
Inata Gold Mine in
the broader
Bélahouro region.
The most advanced of
these projects is
Souma, some 20
kilometers from the
Inata Gold Mine.
The Company also
holds an interest in
the Tri-K project in
Guinea. On 10
October 2016, the
Company announced
that it had agreed
to dispose of 40% of
the project to
Managem, a Moroccan
group listed on the
Casablanca stock
exchange, subject
to, inter alia,
shareholder
approval, and which
will increase upon
completion of a
bankable feasibility
study for a CIL
plant at the site,
the incurring of
expenditures of at
least US$10 million,
and the enlarging of
the ore reserve, to
70% (in the event of
an increase of the
reserve to 1 million
ounce or more) or
60% (if less than 1
million ounces).