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Pin to quick picksMineral & Financial Investments Regulatory News (MAFL)

Jacques Vaillancourt, Chairman of Mineral & Financial Investments, on Strong Q3 Results, Copper Positioning and Unlocking Hidden Portfolio Value

Jacques Vaillancourt, Chairman of Mineral & Financial Investments, on Strong Q3 Results, Copper Positioning and Unlocking Hidden Portfolio Value 

Share Price Information for Mineral & Financial Investments (MAFL)

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40.50    0.00 (0.00%)
Bid:
39.00
Ask:
42.00
Spread: 3.00 (7.692%)
Market Cap: £15.74m
MAFL Live PriceLast checked at - London Stock Exchange

Intraday Mineral & Financial Investments Share Chart

Market Update

3 Jul 2013 12:49

RNS Number : 5214I
Mineral & Financial Invest. Limited
03 July 2013
 



MINERAL & FINANCIAL INVESTMENTS LIMITED

 

("Mineral & Financial" or the "Company")

 

MARKET UPDATE

 

The Board of Mineral & Financial notes that the £330,000 loan note it holds in Silvermere Energy plc ("Silvermere") became due for repayment at the end of June and is now in default. The trading in Silvermere's shares remains suspended, pending clarification of its financial position.

Mineral & Financial has been engaged in active talks with Silvermere since mid-March regarding a potential resolution to Silvermere's financial difficulties, and talks remain ongoing.

A further announcement will be made in due course if and when any agreement is reached.

 

 

For further information please call:

Mineral & Financial Investments Limited

Jennifer Allsop

+44 7788 451 744

 

Libertas Capital Corporate Finance Limited

Sandy Jamieson

 

+44 203 697 9495

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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