10 Jun 2016 07:49
AIM ANNOUNCEMENT 10 June 2016 |
TRADING HALT ON ASX |
Metminco Limited ("Metminco" or the "Company") (ASX: MNC; AIM: MNC) advises that trading in the shares of the Company was halted on the Australian Securities Exchange ("ASX") today pursuant to ASX Listing Rule 17.1. The ASX trading halt was requested due to the Company becoming aware that price sensitive information concerning advanced, but incomplete, negotiations regarding the Los Calatos Partnership Process (announced 21 October 2015) may be in the public domain.
The Company notes that its shares will continue to trade on AIM throughout the period of the ASX trading halt.
It is expected that the ASX trading halt will end no later than Tuesday, 14 June 2016 when the Company is anticipating being in a position to advise the outcome of these Los Calatos Partnership Process negotiations. The Company cautions however that there can be no guarantee that these negotiations will be successfully concluded.
William Howe
Managing Director
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Metminco Limited ABN 43 119 759 349 ASX Code: MNC.AX; AIM Code: MNC.L |
| Level 6, 122 Walker Street, North Sydney, NSW, 2060 Tel: +61 (0) 2 9460 1856; Fax: +61 (0) 2 9460 1857 |
www.metminco.com.au | ||
For further information, please contact:
METMINCO LIMITED |
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Stephen Tainton / Phil Killen |
| Office: +61 (0) 2 9460 1856 |
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NOMINATED ADVISOR AND BROKER |
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RFC Ambrian |
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Australia |
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Will Souter/ Nathan Forsyth |
| Office: +61 (0) 2 9250 0000 |
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United Kingdom |
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Charlie Cryer |
| Office: +44 (0) 20 3440 6800 |
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JOINT BROKER |
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SP Angel Corporate Finance LLP UK) |
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Ewan Leggat |
| Office: +44 (0) 20 3470 0470 |
Forward Looking Statement
All statements other than statements of historical fact included in this announcement including, without limitation, statements regarding future plans and objectives of Metminco are forward-looking statements. When used in this announcement, forward-looking statements can be identified by words such as ''anticipate", "believe", "could", "estimate", "expect", "future", "intend", "may", "opportunity", "plan", "potential", "project", "seek", "will" and other similar words that involve risks and uncertainties.
These statements are based on an assessment of present economic and operating conditions, and on a number of assumptions regarding future events and actions that, as at the date of this announcement, are expected to take place. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of the Company, its directors and management of Metminco that could cause Metminco's actual results to differ materially from the results expressed or anticipated in these statements.
The Company cannot and does not give any assurance that the results, performance or achievements expressed or implied by the forward-looking statements contained in this announcement will actually occur and investors are cautioned not to place undue reliance on these forward-looking statements. Metminco does not undertake to update or revise forward-looking statements, or to publish prospective financial information in the future, regardless of whether new information, future events or any other factors affect the information contained in this announcement, except where required by applicable law and stock exchange listing requirements.