Oct 23 (Reuters) - Upland Resources Ltd UPL.L :
* UPLAND RESOURCES LTD - RESPONSE TO SPECULATION
* UPLAND RESOURCES LTD - CONFIRMS THAT IT HAS RECEIVED AN
UNSOLICITED, VERY PRELIMINARY APPROACH REGARDING A POSSIBLE
OFFER FOR UPLAND
* UPLAND RESOURCES- APPROACH REGARDING POSSIBLE OFFER FOR CO
AT
INDICATIVE PRICE OF 14P FROM POTENTIAL OFFEROR REFERRED TO IN
APPROACH AS SEC CAPITAL
* UPLAND RESOURCES LTD - BOARD HAS UNEQUIVOCALLY REJECTED
APPROACH
AS IT BELIEVES IT SIGNIFICANTLY UNDERVALUES CURRENT POTENTIAL OF
COMPANY
Source text for Eikon: ID:nRSW8849Qa
Further company coverage: UPL.L
((Reuters.Briefs@thomsonreuters.com;))