CDN - RNS6 Aug 2009 10:21
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RNS Number : 9805W Caledon Resources PLC 06 August 2009
6 August 2009
Caledon Resources plc (AIM: CDN, ASX: CCD)
('Caledon' or the 'Company')
Caledon Resources plc ("Caledon" or the "Company"), the AIM and ASX listed Australian coking coal producer, notes the speculation originating in the Indian media regarding a potential bid for the Company by that country's Essar group.
As recently advised in the June Quarterly Report, Caledon confirms it has been involved in discussions with a number of parties which may or may not lead to an Offer for the Company, however these discussions are incomplete and there has been no agreement reached with any party.
Any further announcement will be made as appropriate.
For further information about Caledon, please visit our website at www.caledon.com
or contact:
United Kingdom
Caledon Resources plc