29 Mar 2018 12:00
BMR Group PLC
("BMR", the "Group" or the "Company")
Further extension of Jubilee joint venture deadline
In light of the continuing appeal by BMR against the cancellation of its mining right in respect of its Kabwe operation, BMR and Jubilee Metals Group PLC have agreed to extend the deadline for formalisation of their joint venture, as announced on 23 October 2017, from 31 March 2018 until the later of (a) 30 April 2018; or (b) the date falling 10 days after the date on which the mining right is restored.
For further information:
BMR Group PLC 020 7734 7282
Alex Borrelli, CEO and Chairman
WH Ireland Limited (NOMAD and Joint Broker) 020 7220 1666
Chris Fielding, Managing Director,
Corporate Finance
Alex Bond, Executive
Peterhouse Corporate Finance (Joint Broker) 020 7469 0930
Lucy Williams
Duncan Vasey
Heena Karani