BMR Bmr Group

TIDMBMR

RNS Number : 2989G

BMR Group PLC

01 March 2018

BMR Group PLC

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

Extension of Jubilee joint venture deadline

This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.

In light of the pending appeal by BMR against the cancellation of its mining right in respect of its Kabwe operation, BMR and Jubilee Metals Group PLC have agreed to extend the deadline for formalisation of their joint venture, as announced on 23 October 2017, from 28 February 2018 until 31 March 2018.

Preparation of the Company's appeal against the notice of cancellation is continuing well and the formal appeal continues to be expected to be submitted by no later than 2 March 2018.

For further information:

 
 BMR Group PLC 
  Alex Borrelli, CEO and Chairman       020 7734 7282 
 WH Ireland Limited (NOMAD and Joint 
  Broker) 
  Chris Fielding, Managing Director, 
  Corporate Finance 
  Alex Bond, Executive                  020 7220 1666 
 Peterhouse Corporate Finance (Joint 
  Broker) 
  Lucy Williams 
  Duncan Vasey 
  Heena Karani                          020 7469 0930 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 01, 2018 02:00 ET (07:00 GMT)

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