9 Nov 2015 07:00
BMR Mining PLC
("BMR" or the "Company")
Surrender of lease and change of registered office
BMR Mining PLC, the Zambian-focused mineral processing business, is pleased to announce that on 6 November 2015 it entered into an agreement to surrender forthwith to the landlord the lease of its former head office at 6 Derby Street, London W1J 7AD, with no further obligations thereunder with effect from 24 December 2015.
As a result of this agreement, with effect from 9 November 2015, BMR's registered office has been changed to 35 Piccadilly, London W1J 0DW.
Alex Borrelli, Chairman, commented: "The Board is delighted to enter into this agreement to surrender the lease of BMR's former head office in Derby Street. As a result of this the Board now anticipates that BMR's normalised monthly central costs will fall, from approximately GBP250,000 in the year ended 30 June 2014, to approximately GBP65,000 in January 2016."
- Ends -
For further information:
BMR Mining PLC 020 7734 6252
Alex Borrelli, CEO and Chairman
WH Ireland Limited 020 7220 1666
Chris Fielding, Head of Corporate Finance