EURASIAN NATURAL RESOURCES CORPORATION PLC (ENRC, United Kingdom) withdraws from China Gateway Project (Korgas - Zhetygen)
05.08.09 14:50
/KASE, August 5, 09/ - EURASIAN NATURAL RESOURCES CORPORATION
PLC (London), common shares of which are listed on Kazakhstan Stock
Exchange (KASE), provided KASE with a press release dated July 31, 2009:
Quotation beginning
London - Eurasian Natural Resources Corporation PLC ('ENRC', or 'the Group')
has agreed with the Government of the Republic of Kazakhstan ('the
Government') to terminate the Group's concession to construct and operate the
China Gateway Project', a rail link and transhipment point between the Republic
of Kazakhstan and the Peoples' Republic of China.
The Group is now engaged in negotiations with the Government to finalise the
legal and financial aspects of this termination. If appropriate, a further
announcement will be made in due course.
For further information, please, contact:
ENRC: Investor Relations
Mounissa Chodieva +44 (0) 20 7389 1879
James S. Johnson +44 (0) 20 7389 1862
Marianna Adams +44 (0) 20 7389 1886
ENRC: Media Relations
Julia Kalcheva +44 (0) 20 7389 1861
M: Communications
Hugh Morrison +44 (0) 20 7153 1534
Edward Orlebar +44 (0) 20 7153 1523
Elly Wiliamson +44 (0) 20 7153 1539
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[2009-08-05]