Strategic Natural Resources PLC Stmnt re Share Price Movement (6875Y)
28 Enero 2014 - 6:33AM
UK Regulatory
TIDMSNRP
RNS Number : 6875Y
Strategic Natural Resources PLC
28 January 2014
Strategic Natural Resources Plc
("SNR" or the "Company")
Statement re share price rise
The board of SNR, the AIM quoted natural resources developer
operating in South Africa, which owns 74% of Elitheni Coal (Pty)
Limited ("Elitheni"), notes the recent rise in the Company's share
price. As previously announced, the SNR board has been seeking a
strategic investor in order to raise the funds required to
recapitalise the Company. The Directors confirm that the Company is
currently in advanced discussions with one such potential investor
and will provide a further update as and when appropriate. There
can be no guarantee that these discussions will result in a
successful investment in the Company.
For further information, please contact:
Strategic Natural Resources plc
-------------------------------------------------------- ---------------------
Andy Brennan, Chairman
Gabriel Ruhan, CEO +44 (0)20 3328 5656
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Allenby Capital Limited - Nominated Adviser and Broker
-------------------------------------------------------- ---------------------
Nick Naylor/Mark Connelly/James Reeve +44 (0) 20 3328 5656
-------------------------------------------------------- ---------------------
FTI Consulting
-------------------------------------------------------- ---------------------
Ben Brewerton/Georgia Mann +44 (0) 20 7831 3113
-------------------------------------------------------- ---------------------
For further information about Strategic Natural Resources plc
please visit www.snrplc.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
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