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HUN - Hunter Resources News Story

0.185p 0.0  0.0%

Last Trade - 04/07/16

Sector
Energy
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £n/a
Position in Universe th / 1819

Hunter Resources PLC - Company Update

Thu 5th January, 2017 7:00am
RNS Number : 3748T
Hunter Resources PLC
05 January 2017

5 January 2017

Hunter Resources plc

("Hunter" or the "Company")

(AIM: HUN)

Company Update

Further to the announcement of 8 November 2016, the board of directors of the Company (the "Board") confirms that the admission to trading of its ordinary shares on AIM will be cancelled on 6 January 2017, having been suspended on 5 July 2016.

The Board has continued unsuccessfully so far in its attempts to reach a conclusion to the dispute regarding the Company's Pampamali joint venture project in Peru, details of which have previously been announced. The Board is considering future options in this matter. It does, however, continue to own the rights to the Prospero project.

The Board continues to actively investigate a number of new projects with the intention of obtaining a new admission to trading of its ordinary shares on AIM or some other exchange. These are still at an early stage. The Board is no longer pursuing the exploration project in East Africa mentioned in the announcement of 8 November 2016.

For further information, please contact:

Hunter Resources plc

Simon Hunt

(Chairman)

+44 7733 337 755

www.hunter-resources.com

Allenby Capital Limited

(Nominated Adviser and Broker)

John Depasquale/Nick Harriss/Nick Naylor

+44 20 3328 5656

www.allenbycapital.com

ENDS


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