Last checked at 15 Aug 2023 09:30
15 August 2023
Amur Minerals Corporation
("Amur" or the "Company")
Cash shell update
Further to the announcement of 6 March 2023 and the disposal of the Company's AO Kun-Manie subsidiary, following which Amur became an AIM Rule 15 cash shell, the board of Amur notes that the Company is required to make an acquisition or acquisitions which constitute(s) a reverse takeover under AIM Rule 14 on or before the date falling six months from the completion of the AO Kun-Manie disposal.
Accordingly, if no such transaction is completed, the Company will be suspended from trading on AIM at 7.30 a.m. on 7 September 2023. Once suspended, Amur will have a further six months to complete a reverse takeover or else admission of the Company's shares on AIM will be cancelled on 8 March 2024.
The board of Amur continues to review a number of reverse takeover opportunities. Further announcements will be made as appropriate.
Enquiries:
Company Amur Minerals Corp. | Nomad and Broker S.P. Angel Corporate Finance LLP | Public Relations BlytheRay |
Robin Young CEO | Richard Morrison Adam Cowl | Megan Ray Tim Blythe |
+44 (0) 7981 126 818 | +44 (0) 20 3470 0470 | +44 (0) 20 7138 3203 |