RE: RNS12 Aug 2019 08:25
RNS Number : 6293I
Ironveld PLC
12 August 2019
12 August 2019
IRONVELD PLC
("Ironveld" or the "Company")
Update on Strategic Review
Ironveld plc, the owner of a High Purity Iron ("HPI"), vanadium and titanium project located on the Northern Limb of the Bushveld Complex in Limpopo Province, South Africa, is pleased to announce that as part of the strategic review of its mining assets announced on 2 July 2019, the Company has entered into confidentiality agreements with several parties interested in potentially making an offer to purchase all or part of the Company's assets. Ironveld is currently in the process of providing such parties with further information on the Company's assets and access to the Company's site, management and advisers.
The Company is encouraged by the level of interest it has received to date and looks forward to working with interested parties to further the strategic review.