Pathfinder Minerals Plc Further Re. Placing (7893K)
April 12 2018 - 11:40AM
UK Regulatory
TIDMPFP
RNS Number : 7893K
Pathfinder Minerals Plc
12 April 2018
12 April 2018
Pathfinder Minerals plc
("Pathfinder" or the "Company")
Further Re. Placing
Further to the announcement of 26 March 2018 regarding
speculation on the Internet regarding a prospective placing of the
Company's shares at 0.6 pence per share, Pathfinder confirms that
it is no longer currently contemplating an issue of up to
75,000,000 shares.
Certain information contained in this announcement would have
been deemed inside information for the purposes of Article 7 of
Regulation (EU) No 596/2014 until the release of this
announcement.
Enquiries:
Pathfinder Minerals Plc
Nick Trew, Chief Executive
Tel. +44 (0)20 3440 7775
WH Ireland Limited (Nomad and Corporate Broker)
James Joyce or Jessica Cave
Tel. +44 (0)20 7220 1666
Vigo Communications (Public Relations)
Ben Simons or Kate Rogucheva
Tel. +44 (0)20 7830 9700
Email. pathfinderminerals@vigocomms.com
Notes to Editors:
Pathfinder Minerals Plc is incorporated in England and is
admitted to trading on the AIM market of the London Stock
Exchange.
CMdN, a subsidiary of Pathfinder, was issued mining concession
licences 760C and 4623C on 13 September 2004 and 13 July 2011
respectively, each for a period of twenty-five years. Taken
together, these mining concessions cover approximately 32,000
hectares of land on the Indian Ocean coast of the Zambezia province
of Mozambique, known to contain the heavy minerals, ilmenite,
rutile and zircon.
As announced on 3 February 2012, ownership of these licences is
being disputed.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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