EURASIAN NATURAL RESOURCES CORPORATION PLC (ENRC, United Kingdom) comments on talks with Central African Mining & Exploration Company PLC
18.09.09 17:37
/KASE, September 18, 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
September 16, 2009:
Quotation begins
London - Eurasian Natural Resources Corporation PLC ("ENRC" or "the Group")
notes recent press speculation regarding discussions with Central African Mining
and Exploration Company PLC ("CAMEC").
ENRC confirms that it is currently in advanced discussions with CAMEC
regarding a potential offer for CAMEC. However whilst ENRC is engaged in such
discussions and is assessing the merits of a potential transaction, there can be
no certainty that such any transaction will proceed. If an offer was made for
CAMEC ENRC would anticipate that such an offer would be in cash and at a price
of 20 pence per CAMEC share. A further announcement will be made if and when
appropriate.
In accordance with Rules 2.10 of the United Kingdom's 'Takeover Code', ENRC
confirms that it currently has 1,287,750,000 ordinary shares in issue, each with
a US 20 cents par value (ISIN: GB00B29BCK10).
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: Press Relations
Julia Kalcheva +44 (0) 20 7389 1861
M: Communications
Hugh Morrison +44 (0) 20 7920 2334
Edward Orlebar +44 (0) 20 7920 2323
Elly Williamson +44 (0) 20 7920 2339
Ends
Regarding the same subject EURASIAN NATURAL RESOURCES
CORPORATION PLC provided a press release dated September 17, 2009:
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Eurasian Natural Resources Corporation PLC ("ENRC" or "the Group") notes the
announcement earlier today of African Minerals Limited (AIM:AMI).
ENRC is considering a range of opportunities, including diversification into
Africa, but at this time the focus of its consideration is the possible
transaction with Central African Mining and Exploration Company PLC ("CAMEC").
ENRC confirmed in its announcement of September 16, 2009, that it is currently
in advanced discussions with CAMEC. Whilst ENRC is engaged in such
discussions and is assessing the merits of a potential transaction, there can be
no certainty that any such transaction will proceed.
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: Press Relations
Julia Kalcheva +44 (0) 20 7389 1861
M: Communications
Hugh Morrison +44 (0) 20 7920 2334
Edward Orlebar +44 (0) 20 7920 2323
Elly Williamson +44 (0) 20 7920 2339
Ends
[2009-09-18]