Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

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We store and use information you provide as follows:

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We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

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We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

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We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

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Golden Prospect PLC (AMBR)

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Wednesday 08 May, 2002

Golden Prospect PLC


Golden Prospect PLC
8 May 2002

                     GOLDEN PROSPECT PLC ('Golden Prospect')

Golden Prospect announces that it has acquired 2,250,000 shares representing a
6.76 per cent interest in Uruguay Mineral Exploration Inc (UME). consideration
was C$ 35 cents  per share amounting to approximately £348,000.

The shareholding forms part of a placement by William de Broe, stockbrokers for

UME is publicly quoted on the Toronto Venture Exchange and among its
shareholders count Rio Tinto (RTZ) with an 8 per cent stake.

UME is active on a number of projects reflecting what Golden Prospect's
directors believe is a strong management team.  UME has reached agreement with
BHP Billiton to fund a drilling programme and provide technical support on its
Laguna Merlin prospect - a massive geophysical anomaly with a signature similar
to Western Minings Olympic Dam copper/gold project, the Voisey Bay nickel
deposit in Canada and the Bushveld platinum complex in South Africa.

The company has negotiated a commercial arrangement with Rio Tinto which has the
right to earn up to a 70% interest in Mal Abrigo nickel project by spending up
to US$11m.

UME has obtained all of the geophysical and geochemical surveys conducted in
Uruguay over the past 20 years.  These have been consolidated into a single
database which is the only database of its type and is entirely proprietary to
UME.    It is currently being evaluated and is expected to throw off several
more projects.  The database includes work done between 1996 and 2000 by BHP,
Santa Fe Gold, St Joe Minerals and Bond Gold.  The work undertaken includes
diamond drilling, stream sampling, soil sampling and general surveying including
landsat imagery, and covers over 60,000 data points.  At cost, the work
undertaken would be in excess of US$20m.

UME also announced on 26 April that it has acquired 100% of Cinco Rios S.A., a
private Uruguayan company which holds a number of prospecting permits in
northern Uruguay.  The tenements held by Cinco Rios complement areas already
held by UME.  This area is approximately 60km south of De Beers find in Brazil
and the company has already found G10 garnets, micro and macro diamonds,
together with Kimberlitic indicator minerals.

For further information contact

Malcolm Burne
Golden Prospect plc
Tel:  020 7409 3500

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

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