Heath Goldfields Addresses Public Misinformation on Bogoso-Prestea

Heath Goldfields LTD has noted recent public commentary concerning its operations at the Bogoso-Prestea Gold Mine.

The Company rejects the allegations in circulation. They misrepresent material facts and the legal and operational framework within which the Company conducts its business.

The Company views with concern the circulation of inaccurate, incomplete and misleading information concerning its affairs, and the potential such material has to mislead workers, communities and the public. Heath Goldfields is committed to transparent communication through proper and verifiable channels, and will continue to engage with its regulators, its workforce and its stakeholders on that basis.

Operations at Bogoso-Prestea are active, with work ongoing under the approved Mine Development Plan and the oversight of the Minerals Commission of Ghana.

All financing and operational matters are being undertaken within the applicable regulatory framework. The Company remains focused on the execution of its Mine Development Plan.

Heath Goldfields will set out its operational progress, community programmes and longer-term development priorities in the course of forthcoming Company announcements.

The Company reserves all of its rights in respect of statements that are false, misleading or injurious to its reputation.