Update - Evaluation of Further Investments

RNS Number : 8563U
Stellar Resources PLC
06 December 2013
 



6 December 2013

 

Stellar Resources plc

 ("Stellar Resources" or the "Company")

 

Update - Evaluation of Further Investments

 

The Board of Stellar Resources (AIM: STG) the AIM natural resources focussed investment company states that, in line with its investment policy, it is reviewing a number of potential investment opportunities, in particular in advanced high quality and near term coal opportunities in the Asia Pacific region.

 

David Lenigas, Stellar's Chairman, commented:

 

"The board is considering a number of potential coal projects in the Asia Pacific region that are at an advanced stage of pre-production with a view to investing in a project or projects that are near to or in production."

 

 

 

-END-

 

Enquiries:

 

Stellar Resources plc

David Lenigas, Executive Chairman

Donald Strang, Finance Director

 

 

+44 20 7440 0640

Cairn Financial Advisers LLP

James Caithie / Paul Trendell

 

+44 20 7148 7900

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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