7 Oct 2010 07:00
| Immediate Release | 7 October 2010
|
Metminco Limited (LSE: MNC)
("the Company")
ASX Trading Halt
Pursuant to Listing Rule 17.1 of the ASX Rules, Metminco Limited has requested a trading halt in respect of its shares on the ASX with immediate effect. There will be no halt in the trading of its shares on the AIM market of the London Stock Exchange.
It is requested that the trading halt on the ASX be effective immediately. A trading halt is requested due to the Company making a significant announcement relating to a capital raising.
It is expected that the trading halt will end when the Company is in a position to provide an announcement to the market.
For further information contact:
Metminco Limited Tel: +61 (0) 407 524 235
John Fillmore
Daniel Stewart & Company plc Tel: 020 7776 6550
Oliver Rigby
Buchanan Communications Tel: 020 7466 5000
Tim Thompson / James Strong / Katharine Sutton
Metminco background
Metminco was listed on the ASX in October 2007 as a diversified Australian focussed mineral explorer. In July 2009, Metminco acquired an initial 36.5% of the issued capital of Hampton and in May 2010 secured a controlling interest of 69.4% through acquisition of shares held by a private Chilean investor. During 2010 Metminco subscribed fully for Hampton rights offers and in July 2010 completed the acquisition of further Hampton minority shareholders' interests, thereby increasing its interest in Hampton to 72.6% by 30 September 2010. Metminco is also is listed on London's AIM market.