BIND | Cautionary Statement

Published: 14 June 2014

The Board of Bindura Nickel Corporation Limited ("BNC" or "the Company") advises shareholders that based on preliminary unaudited figures, the Company’s taxed profit for the second half of the financial year ended 31 March 2014 is expected to be significantly higher than the first half's US$3.3 million.

This compares with the loss after taxation of US$12.9 million recorded in the financial year ended 31 March 2013.

Factors contributing to the improvement include the resumption of nickel production from the Company's Trojan Mine and ramp-up to full capacity.

The Company's full year-end results will be announced around 30 June 2014.

Shareholders are advised to exercise caution when dealing in the company's shares and, where they are in doubt, to seek independent professional advice...
- BIND
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