Last checked at 19 Apr 2017 09:00
19 April 2017
AIM: CHL
CHURCHILL MINING PLC
UPDATE ON ANNULMENT APPLICATION AND PROVISIONAL STAY OF AWARD
Further to the announcement of 4 April 2017, the Directors of Churchill Mining plc (AIM: CHL) ("the Company") advise that the ICSID Secretary-General has written to the Company advising that:
I. she registered the Company's Annulment Application on 11 April 2017;
II. she will request the Chairman of the Administrative Council of ICSID to appoint an ad hoc Committee to consider the Annulment Application; and that
III. enforcement of the Award has been provisionally stayed.
ENDS
For further information, please contact:
Churchill Mining plc | Northland Capital Partners Limited |
David Quinlivan Nicholas Smith Russell Hardwick | Nominated adviser Edward Hutton/Gerry Beaney Broking John Howes |
+ 61 8 6380 9670 | +44 (0)20 3861 6625 |