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Pan PacificAggregate (MXO)

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Monday 19 September, 2011

Pan PacificAggregate

Major Supply Contract Won

RNS Number : 4429O
Pan Pacific Aggregates PLC
19 September 2011
 



PAN PACIFIC AGGREGATES PLC

 

Major Supply Contract Won

 

Pan Pacific Aggregates plc (the "Company"), the British Columbia based aggregates company, is pleased to announce that one of its major customers has been awarded the contract to supply aggregate for a major construction project within the Fraser Valley.

 

Pan Pacific's Quadling Quarry will supply up to 100,000 tonnes of aggregate, covering the full range of product, to the customer over a 6 month period. Delivery has commenced.

 

This order will underwrite over 50% of our budgeted production during this period and demonstrates the progress made by Quadling's management in establishing the quarry as a reliable supplier of aggregate through its consistency of quality and service to its customers.

 

William Voaden, Managing Director commented:

 

"This order is our largest to date and will bolster turnover in the normally quieter part of the year and at an improved margin."

 

For further information please see the Company's web site, www.panagg.com or contact:

 

Pan Pacific Aggregates plc 

Euan McAlpine

Tel:   +44 182 925 0576




Zeus Capital Limited

Ross Andrews / Aaron Smyth

Tel:   +44 161 831 1512




Alexander David Securities Limited

David Scott / Bill Sharp

Tel:   +44 207 448 9820




XCAP Securities plc

John Grant / Karen Kelly

Tel:   +44 207 101 7070

 


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