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BMR Group PLC (BMR)

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Thursday 01 March, 2018

BMR Group PLC

Extension of Jubilee joint venture deadline

RNS Number : 2989G
BMR Group PLC
01 March 2018
 

BMR Group PLC

("BMR", the "Group" or the "Company")

Extension of Jubilee joint venture deadline

This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.

In light of the pending appeal by BMR against the cancellation of its mining right in respect of its Kabwe operation, BMR and Jubilee Metals Group PLC have agreed to extend the deadline for formalisation of their joint venture, as announced on  23 October 2017, from 28 February 2018 until 31 March 2018.

Preparation of the Company's appeal against the notice of cancellation is continuing well and the formal appeal continues to be expected to be submitted by no later than 2 March 2018.

For further information:

BMR Group PLC
Alex Borrelli, CEO and Chairman

020 7734 7282

WH Ireland Limited (NOMAD and Joint Broker)
Chris Fielding, Managing Director, Corporate Finance
Alex Bond, Executive

020 7220 1666

Peterhouse Corporate Finance (Joint Broker)       
Lucy Williams
Duncan Vasey
Heena Karani                      

020 7469 0930

 


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