Copper Resources Corporation ("CRC or the ...

LONDON, December 23 /PRNewswire/ -- Copper Resources Corporation notes the comments made by Central African Mining & Exploration Company Plc ("CAMEC") in respect of CRC in CAMEC's interim results announcement released on 19 December 2008. The Board of CRC categorically refutes the allegations that it acted improperly and solely in the interests of Metorex Limited ("Metorex") when passing the resolution to disenfranchise those shares held in the Company by CAMEC and its concert parties. It would like to make it clear that it considered and acted in the interests of all its shareholders and is also happy to clarify that the relevant Board resolution to disenfranchise CAMEC's shareholding was voted upon, and unanimously passed, by only those CRC Directors who are not on the Board of Metorex. The Board of CRC would like to remind shareholders that CAMEC remains in default in respect of its obligations under CRC's Articles of Association to extend an offer to all other shareholders in CRC. Full details of CAMEC's breach of its obligations were set out in CRC's announcement of 10 December 2008. Enquiries: Copper Resources Corporation Jeff Carel Company Secretary +27-(0)11-803-1073 GTH Communications Toby Hall +44-(0)20-7153-8035
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