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Sierra Rutile Ltd (SRX)

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Monday 03 October, 2011

Sierra Rutile Ltd

Initial Response to Revised Offer

RNS Number : 4471P
Sierra Rutile Limited
03 October 2011
 



Sierra Rutile Limited ("Sierra Rutile" or the "Company")

Initial Response to Revised Offer from Pala Minerals Limited

3 October 2011

 

The Independent Sub-Committee (the "Sub-Committee") of the Company's Board notes the revised offer (the "Revised Offer") for the Company's shares announced by Pala Minerals Limited this afternoon.
 
The Sub-Committee will review the terms of the Revised Offer in conjunction with its independent advisors and a further announcement will be made in due course.

 

For further information:

Sierra Rutile Limited

www.sierra-rutile.com

John Sisay, Chief Executive Officer

Telephone: +44 (0) 20 7321 0000

 

 

Collins Stewart Europe Limited (Financial Adviser)

John Prior/Adam Miller

Telephone: +44 (0) 20 7523 8350

 

 

Aura Financial

 

Michael Oke/Andy Mills

Telephone: +44 (0) 20 7321 0000

 

 

 

 

 

 

 

 

 

 

 


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