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CHL - Churchill Mining News Story

37.75p 0.0  0.0%

Last Trade - 05/12/16

Sector
Energy
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £n/a
Position in Universe th / 1824

Filing of Appeal Papers

Tue 17th May, 2011 7:00am
RNS Number : 6753G
Churchill Mining plc
17 May 2011
 



CHURCHILL MINING PLC

 

("Churchill" or the "Company")

 

Filing of Appeal Papers

 

Churchill (AIM: CHL) advises that the Company's partner in Indonesia, Ridlatama, has filed Memoranda of Appeal with the Administrative Court in Samarinda, East Kalimantan. The appeal will be heard by the Administrative High Court in Jakarta.

 

Under Indonesian law, the Administrative Court in Samarinda is required to transmit the Memoranda of Appeal, and other documents submitted or produced in the administrative proceedings, to the Administrative High Court in Jakarta. The Administrative High Court in Jakarta will notify the party of its receipt of the transmitted documents. The court in Samarinda is also required to forward the Memoranda of Appeal to the counterparties in the appeal (being the Regent in East Kalimantan and the various interveners) who are entitled to file their Counter Memoranda of Appeal. If any such filing is done, the Company's partner in Indonesia, as well as the Administrative High Court in Jakarta, would receive the Counter Memoranda of Appeal. There is no hearing at the appeal stage unless the panel of appeal judges considers it is necessary.

 

The Administrative High Court will advise the parties in due course of its decision in the appeal.

 

The Company will continue to monitor the appeal process and make any announcement as and when it becomes aware of further development.

 

END

 

For further information, please contact:

 

Churchill Mining Plc

Executive Chairman - David F Quinlivan 

+ 62 21 3983 2398

+ 61 8 6382 3737

 

Northland Capital Partners Limited

Shane Gallwey

Luke Cairns

+44 20 7796 8800

 

Tavistock Communications

Paul Youens /

Jos Simson

+44(0)20 7920 3150

+44 7843 260 623

pyouens@tavistock.co.uk


This information is provided by RNS
The company news service from the London Stock Exchange
 
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