Lemur Resources - Target's Statement

RNS Number : 3586R

Bushveld Minerals Limited

26 June 2015

 



26 June 2015

Bushveld Minerals Ltd

("Bushveld" or the "Company")

Lemur Resources - Target's Statement

Bushveld Minerals (AIM BMN), a diversified mineral development company with projects in Africa, notes the announcement made by Lemur Resources on the Australian Stock Exchange ("ASX Announcement") titled Target's Statement.

The Target Statement is the official response by the independent directors of Lemur Resources to the Bushveld Offer announced on 20 May. Bushveld welcomes the recommendation to ACCEPT made to the Lemur Shareholders.

The ASX Announcement may be viewed in full here:

http://www.asx.com.au/asxpdf/20150626/pdf/42zfvt3gyy31tb.pdf

Contact

For further information on Bushveld please visit http://www.bushveldminerals.com  or contact:

Bushveld Minerals Fortune Mojapelo	[phone]
Strand Hanson Limited Andrew Emmott / James Harris Warren Pearce / Scott McGregor	[phone] [phone]
Tavistock Jos Simson/ Nuala Gallagher	[phone]

- ENDS -

Notes to the editor

Bushveld Minerals Limited is a mineral development company with a portfolio of vanadium-and titanium bearing iron ore and tin assets in Southern Africa.

The Company owns the Bushveld Vanadium Project, Bushveld Iron Ore Project and Mokopane Tin Project, located on the northern limb of the Bushveld Complex, South Africa. In addition, Bushveld has a controlling interest in Lemur Resources (ASX: LMR), that owns the Imaloto coal project in Madagascar.

Bushveld was admitted to the AIM of the London Stock Exchange in March 2012.

 

END

 

 

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