REG - Amur Minerals Corp - Cash shell update

Amur MineralsAnnouncement

15/08/2023 09:45

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RNS Number : 3732J  Amur Minerals Corporation  15 August 2023

15 August 2023

 

Amur Minerals Corporation

("Amur" or the "Company")

 

Cash shell update

 

Further to the announcement of 6 March 2023 and the disposal of the Company's
AO Kun-Manie subsidiary, following which Amur became an AIM Rule 15 cash
shell, the board of Amur notes that the Company is required to make an
acquisition or acquisitions which constitute(s) a reverse takeover under AIM
Rule 14 on or before the date falling six months from the completion of the AO
Kun-Manie disposal.

 

Accordingly, if no such transaction is completed, the Company will be
suspended from trading on AIM at 7.30 a.m. on 7 September 2023. Once
suspended, Amur will have a further six months to complete a reverse takeover
or else admission of the Company's shares on AIM will be cancelled on 8 March
2024.

 

The board of Amur continues to review a number of reverse takeover
opportunities. Further announcements will be made as appropriate.

 

 

 

Enquiries:

 

 Company               Nomad and Broker                   Public Relations

 Amur Minerals Corp.   S.P. Angel Corporate Finance LLP   BlytheRay
 Robin Young CEO       Richard Morrison                   Megan Ray

                       Adam Cowl                          Tim Blythe
 +44 (0) 7981 126 818  +44 (0) 20 3470 0470               +44 (0) 20 7138 3203

 

 

 

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