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Last checked at 
28 Sep 2009 07:00
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28Β SeptemberΒ 2009 CHL: AIM
CHURCHILL MINING PLC
("Churchill" or "the Company")
Statement re Press Speculation
The Company notes recent press speculation together with the increase in its share price and advises that it has receivedΒ threeΒ separate and unconnectedΒ non-bindingΒ approaches, all of which are atΒ variousΒ stages.Β Β Two of these approaches relate toΒ the possible acquisition ofΒ specific projects within Churchill, and the third relates toΒ a possible offer forΒ the Company as a whole.
The Company will continue discussions with all three of these parties, whichΒ may or may not lead toΒ one or moreΒ offersΒ for the CompanyΒ or certain of its projects.Β Β The approachesΒ areΒ conditional on due diligence and atΒ this stage there is no certainty that any will progress to completion.
The Company would also like to clarify that there is no basis to the speculation in the press linking the Company to BHP Billiton.
Further information please contactΒ
Enquiries:
|
Churchill Mining Plc Managing Director - Paul G. Mazak +62 81510539186 / + 62 21 39832398Β paul.mazak@churchillmining.com |
Astaire SecuritiesΒ Shane Gallwey Β +44(0)20 7448 4400 |
Pelham PR James MacFarlane / Charles Vivian +44 (0) 20 7337 1500Β or +44 (0)Β 7977 297 903 |
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