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NEW LONGWALL LAUNCH ON RASSVET-1 MINE

17-08-2012


KOMISJA NADZORU FINANSOWEGO
Raport bieżący nr 21 / 2012
Data sporzÄ…dzenia: 2012-08-17
Skrócona nazwa emitenta
SADOVAYA GROUP S.A.
Temat
NEW LONGWALL LAUNCH ON RASSVET-1 MINE
Podstawa prawna
Inne uregulowania
Treść raportu:
Sadovaya Group S.A., a joint stock company under Luxembourg law, with registered office at 65, boulevard Grande-Duchesse Charlotte L–1331 Luxembourg, registered in the Luxembourg Register of Companies under No. B 153.489, (the "Company"), hereby informs that

on 15 August 2012 the new longwall on L6 coal-seam on Rassvet-1 mine ("the longwall") was successfully put into operation in the test mode. The Company expects the longwall to operate at full capacity since November 2012 with monthly coal output of up to 14,000 tonnes Coal reserves at the longwall comprise 269 ths. tonnes, which is sufficient for 19 months of operation in full mode; seam thickness is about 1.0 m. Launching of the longwall is part of Sadovaya Group announced development plan.

Legal grounds: article 56.1 in connection with article 56.6 of the Act of 29 July 2005 on the public offering, conditions governing the introduction of financial instruments to organised trading system and on public companies.

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