Publication of Research Note

RNS Number : 3837Z

Strategic Minerals PLC

14 March 2017

 

14 March 2017

Strategic Minerals plc

("Strategic Minerals" or the "Company" or "SML")

Publication of Research Note

Strategic Minerals PLC (AIM: SML; USOTC; SMCDY), the diversified mineral production and development company, is pleased to announce that SP Angel Corporate Finance LLP ("SP Angel"), nominated adviser and broker to Strategic Minerals, published a research note in respect of the Company on 9 March 2017.  The research note is only available to clients of SP Angel and may be obtained by shareholders of SML through their own independent FCA authorised financial adviser.

For further information, please contact:

Strategic Minerals plc John Peters Managing Director www.strategicminerals.net Follow Strategic Minerals on: Twitter:   @SML_Minerals                                                            LinkedIn: www.linkedin.com/company/strategic-minerals-plc	[phone]
SP Angel Corporate Finance LLP Nominated Adviser and Joint Broker Ewan Leggat Laura Harrison	[phone]
Optiva Securities Limited Joint Broker Graeme Dickson	[phone]
Yellow Jersey PR Financial PR Felicity Winkles Alistair de Kare-Silver Joe Burgess	[phone]

Notes to Editors

Strategic Minerals Plc is an AIM-quoted, diversified mineral development and production company with projects in the United States of America, the UK and Australia. The Company is focused on acquiring and developing cash generative, high quality projects which meet local market demand for commodities and utilising this cash flow to undertake value added exploration. 

In September 2011, Strategic Minerals purchased its first cash generating asset; the Cobre magnetite tailings dam project in New Mexico, USA which it brought into production in 2012 and which continues to provide a revenue stream for the Company. The portfolio was expanded in January 2016 with the acquisition of shares in Central Australian Rare Earths Pty Ltd, which holds tenements in Western Australia and the Northern Territory that are prospective for nickel sulphides, gold and rare earths. In May 2016, an additional exploration asset was acquired when the company entered into an agreement with New Age Exploration Limited to acquire up to 50% of the Redmoor Tin/Tungsten project in Cornwall, UK. This 50% acquisition has now been completed.

 

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