Fox Marble exhibits premium marble at open day

RNS Number : 6857T

Fox Marble Holdings PLC

21 November 2013

 



AIM:FOX                                                                                                           22 November 2013

Fox Marble Holdings plc

("Fox Marble" or the "Company")

Fox Marble exhibits premium marble at open day

Pursuant to the Company's 6 November sales and investor open day, which provided attendees an opportunity to meet management and view a select range of high quality premium marble, the Company's website has been updated to include photography and further information from the successful event.

Held in conjunction with Pisani, the leading wholesaler in the UK, in Feltham, the Board of Fox Marble and the Company's management team, including those from Carrara Italy, were available to answer questions throughout the day, with a variety of marble, including the newly found Breccia Paradisea, on exhibit.

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For more information on Fox Marble please visit www.foxmarble.net or contact:

Fox Marble Holdings plc
Chris Gilbert, Chief Executive Officer	Tel: [phone]
Fiona Hadfield, Chief Financial Officer
Fox Davies Capital Limited (Nominated Adviser and Joint Broker)
Simon Leathers/Jonathan Evans	Tel: [phone]
Yellow Jersey PR
Dominic Barretto Kelsey Traynor	Tel: [phone] Tel: [phone]

Notes to Editors

Fox Marble Holdings Plc is an AIM quoted natural stone extraction and production Company operating in Kosovo and the Balkans region, with headquarters in the United Kingdom.

The Company has been granted mining licenses in relation to six separate marble quarries and completed a maiden JORC resource indicating an in-situ valuation of approximately Euro 16.5 billion. Established in 2011, Fox Marble has access to over 300 million cubic metres of premium quality marble including white breccia and honey yellow onyx.  As announced in October 2013, it now has four quarries in operation.

Fox Marble also has rights to extract grey marble from the Drini quarry and cream and white grey marble from the Malesheva quarry, both in Kosovo and white Sivec marble from the Prilep Quarry in Macedonia.  The Company has also found high quality marble, which it believes to be equivalent to Calacatta gold, in the Suhogerll quarry in Kosovo.

As of Q3 2013, the Company has started to make the first sales of its high quality marble and has signed a distribution agreement with a company in New York to service the US market.

 

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