Alba Mineral Resources Regulatory News (ALBA)

11 Oct 2007 12:18

Alba Mineral Resources PLC11 October 2007 Alba Mineral Resources Plc ("Alba" or the "Company") Trading update Further to the announcement 30 August 2007 the board of the Company iscontinuing to seek additional funding. A number of proposals are currentlybeing considered. As previously announced the Company has downgraded active fieldwork explorationon the existing licences and permits, furthermore to alleviate the currentworking capital shortfall the directors have deferred payment of their salariesand fees until such time as further funds have been raised by the Company. For further information contact: Alba Mineral Resources plc Mike Nott, Chairman Tel: +44 (0) 20 7495 5326City Financial Associates Ltd Liam Murray, Nominated Advisor Tel: +44 (0) 20 7492 4777 This information is provided by RNS The company news service from the London Stock Exchange