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Last checked at 
3 Sep 2010 10:36
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CHURCHILL MINING PLC
("Churchill" or "the Company")
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Share price movement and media speculation
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In response to the recent share price movement and media speculation, Churchill Mining Plc, the Indonesian-focused coal mining company, announces that it has held discussions with third parties regarding East Kutai Coal Project, but no firm offer has been agreed at this time.
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Churchill announced the appointment of Credit Suisse in April 2010 to complete a strategic review process, in order to evaluate the various options for financing the development of the East Kutai Coal Project, including the development of the project with a joint venture partner or the conclusion of a long-term offtake arrangement. This strategic review process is ongoing, and the Company will update the market as and when appropriate.
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Churchill Mining Plc Β |
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Managing Director - Paul G. Mazak paul.mazak@churchillmining.com Β |
+62 81510539186 / +62 21 39832398 +61 8 6382 3737 |
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Astaire Securities Plc |
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Shane Gallwey |
+44(0)20 7492 4775 |
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Conduit PR |
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Paul Youens Jos Simson |
+44 (0)207 429 6666 |
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