REG - Amur Minerals Corp - Suspension of trading on AIM

Amur MineralsAnnouncement

07/09/2023 07:00

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RNS Number : 6375L  Amur Minerals Corporation  07 September 2023

7 September 2023

 

Amur Minerals Corporation

("Amur" or the "Company")

 

Suspension of trading on AIM

 

Amur Minerals Corporation (AIM: AMC) confirms that trading in the Company's
shares on AIM will be suspended with effect from 7.30 a.m. BST today.

 

As stated in the Company's notification of 6 March 2023, following the
disposal of the Company's AO Kun-Manie subsidiary, Amur became classified as
an AIM Rule 15 cash shell from that date, and as such was required to make an
acquisition or acquisitions which would constitute a reverse takeover under
Rule 14 of the AIM Rules for Companies, or be re-admitted on AIM as an
investing company under the AIM Rules on or before the date falling six months
from 6 March 2023.

 

As neither a reverse takeover nor readmission to trading on AIM as an
investing company have been completed, trading in the Company's shares on AIM
will now be suspended today.

 

Trading will remain suspended until the completion of a reverse takeover,
which requires the publication of an admission document and the approval of
such a transaction at a General Meeting of the Company, or the Company is
readmitted to trading on AIM as an investing company.

 

If no such transaction is completed within six months, the Company's shares
will be cancelled from trading on AIM pursuant to AIM Rule 41. There can be no
assurance that the Company will be able to complete a reverse takeover during
the six-month suspension period.

 

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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