BMR Bmr Group

TIDMBMR

RNS Number : 2299E

BMR Group PLC

07 February 2018

BMR Group PLC

("BMR", the "Group" or the "Company")

Update concerning termination of Mining Right No. 7081-HQ-SML

Further to its announcement earlier today, BMR now understands that it has the right of appeal against the Mining Cadastre Department of Zambia termination notice for 30 days from 6 February 2018. As previously announced, BMR intends to exercise this right as soon as practicable.

BMR notes the announcement earlier today by Jubilee Metals Group PLC, which has invested in a joint venture with BMR for the development of the Kabwe project and has a 29.01% interest in the issued share capital of BMR. BMR is appreciative of its support in resolving this matter.

Further announcements will be issued as appropriate. The suspension of trading remains in place until further notice.

For further information:

BMR Group PLC 020 7734 7282

Alex Borrelli, CEO and Chairman

WH Ireland Limited 020 7220 1666

NOMAD and Joint Broker

Chris Fielding/ Alex Bond

Peterhouse Corporate Finance 020 7469 0930

Joint Broker

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCUGUUAPUPRGAM

(END) Dow Jones Newswires

February 07, 2018 10:52 ET (15:52 GMT)

BMR Mining (LSE:BMR)
Graphique Historique de l'Action
De Déc 2024 à Jan 2025

BMR Mining (LSE:BMR)
Graphique Historique de l'Action
De Jan 2024 à Jan 2025