FGML Falkland Gold

    RNS Number : 4421X
  Falkland Gold and Minerals Ltd
  24 June 2008
   



    Falkland Gold and Minerals Ltd
    24 June 2008


    Falkland Gold and Minerals Limited (the "Company")

    Investing strategy


    The Company wishes to notify the market of its investing strategy which was approved by shareholders at the Annual General Meeting
("AGM") on 4 March 2008 and as was detailed in the AGM notice of 8 February 2008.  

    The Board's objective is to use its broad experience, and to leverage the Company's financial and operating assets, to continue the
Company's basic strategy of high-risk exploration, with a focus on early stage mineral exploration opportunities. The Board is actively
considering projects within the mineral sector elsewhere in the world and will update shareholders in due course. The Company's Directors
have the experience to make an initial assessment of whether specific opportunities should be considered in detail and, if so, they would be
subjected to formal due diligence using external advisers. If a suitable transaction is not completed by 3 March 2009, the Company will
consider returning remaining funds to shareholders.

    The AGM notice is available on the Company's website: www.fgml.co.uk.

    Enquiries:

    Falkland Gold and Minerals Limited
    Richard Linnell (Chairman) +27 82 440 6710

    W.H. Ireland Limited
    James Joyce/ Sarang Shah +44 (0)20 7220 1666


This information is provided by RNS
The company news service from the London Stock Exchange
 
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