Strategic Natural Resources PLC Funding update (3995D)
March 28 2014 - 4:43AM
UK Regulatory
TIDMSNRP
RNS Number : 3995D
Strategic Natural Resources PLC
28 March 2014
Strategic Natural Resources Plc
("SNR" or the "Company")
Funding update
Following yesterday's announcements and further to the
announcement made by the Company on 5(th) March 2014, the board of
SNR is pleased to confirm that talks with a potential strategic
investor group are ongoing.
Whilst there can be no guarantee that these discussions will
result in additional funding for the Company, the directors of SNR
are hopeful that they will be able to announce a successful
conclusion to these discussions in the near term.
In the event that the Company is unable to successfully conclude
the funding discussions referred to above then the board of SNR
will have to take steps to protect the interests of the Company's
creditors.
Further announcements will be made in due course.
For further information, please contact:
Strategic Natural Resources plc
Andy Brennan, Chairman
Gabriel Ruhan, CEO +44 (0)20 3328 5656
---------------------
Allenby Capital Limited - Nominated Adviser and Broker
---------------------
Nick Naylor/Mark Connelly +44 (0) 20 3328 5656
---------------------
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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