30 Apr 2008 08:00
METOREX LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1934/005478/06)
JSE code: MTXISIN: ZAE000022745Issuer code: MEMTX("Metorex")
Metorex Limited ("Metorex") acquires additional interest in Copper Resources Corporation ("CRC")
30 April 2008 - Metorex, the diversified mining group listed on the JSE Limited, is pleased to inform its shareholders that it has acquired a further 4 304 600 CRC shares in exchange for 5 268 830 new Metorex shares taking its effective interest to 50.27% from its previous 45.3%.
Charles Needham, Managing Director of Metorex said, "Metorex is pleased to have increased its economic interest in CRC given the exciting potential of that company's projects in the Democratic Republic of Congo. This transaction allows Metorex to continue in an orderly environment to realise value for shareholders through its current efforts and activities in bringing these CRC projects into production in the DRC."
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For further enquiries please contact:
MetorexCharles Needham Tel: 011 880 3155 College HillHayley Crane Tel: 011 447 3030
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