RNS Number : 7645W
Union Resources Limited
16 June 2008
UNION RESOURCES LIMITED
The Company previously wrote to shareholders with less than a 'marketable parcel' (i.e. less than $500 worth by market value) of shares in the Company giving them the option to either remain a shareholder of the Company or have the Company sell their shares on their behalf and account to them for the proceeds.
The matter has now been completed with the Company having sold 6,436,351 shares (of a total of 898,373,543 shares in the Company on issue) at an average of 1.51 cents per share. The Company has met all costs of the sale and will account to the former owners of the shares for the proceeds of the sale.
For further information contact:
London: Hanson Westhouse Limited
Anita Ghanekar or Martin Davison
020 7601 6100
Bankside Consultants Limited
Simon Rothschild or Louise Mason
020 7367 8888
This information is provided by RNS
The company news service from the London Stock Exchange