REG - Xtract Resources plc - Update re: Earn-in Option Agreement <Origin Href="QuoteRef">XTR.L</Origin>

Xtract ResourcesAnnouncement

03/02/2015 07:11

RNS Number : 8421D
Xtract Resources plc
03 February 2015
3 February 2015
Xtract Resources Plc 
("Xtract" or "the Company")
Update Re: Earn-in Option Agreement
Xtract Resources Plc (AIM : XTR) announces an update and refers shareholders to the announcement of 20 January 2015 in which the Company announced that it is in the process of re-negotiating the earn-in option agreement. The Company is still in discussions to re-negotiate the terms of the current agreement and all payments which are due have been suspended by the agreement of both parties until a final agreement is reached. Shareholders will be advised of any further developments in negotiations and progress at the mine promptly.
Ends.
Enquiries:
Xtract Resources Plc
Jan Nelson, CEO
+44 (0)20 3416 6471
Cenkos Securities Plc
Alan Stewart 
Derrick Lee
+44 (0)131 220 6939
Hume Capital Securities plc
Jon Belliss
Abigail Wayne
+44 (0)20 3693 1470
St James's Corporate Services Limited
Phil Dexter
+44 (0)20 7796 8647
+44 (0)7798 634398
Gable Communications Limited 
John Bick
Xtract@gablecommunications.com
+44 (0)20 7193 7463
+44 (0) 7872 061007

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