Last checked at 9 Aug 2013 07:00
Embargoed: 0700hrs 9 August 2013
Pathfinder Minerals Plc("Pathfinder" or the "Company")
Holding in Company
Pathfinder was notified yesterday by Mr Gordon Dickie that, as a result of a sale of shares on 5 August 2013, his interest in the Company's share capital fell below 5 per cent. Mr Dickie is now interested in 51,702,586 ordinary shares, representing 4.98 per cent. of the Company's issued share capital.
Enquiries:
Pathfinder Minerals Plc
Nick Trew, Chief Executive
Tel. +44 (0)20 7464 8413
Daniel Stewart & Company Plc
David Hart or James Thomas
Tel: +44 (0)20 7776 6550
Vigo Communications
Ben Simons
Tel. +44 (0)20 7016 9574
Notes to Editors:
Pathfinder Minerals Plc is incorporated in England & Wales and is admitted to trading on the AIM market of the London Stock Exchange.
Companhia Mineira de Naburi S.A.R.L. ("CMDN"), a subsidiary of Pathfinder Minerals, was issued mining concession licences 760C and 4623C on 13 September 2004 and 13 July 2011 respectively, each for a period of twenty-five years. Ownership of these licences is being disputed, as announced on 3 February 2012. Taken together, these mining concessions cover approximately 32,000 hectares of land on the Indian Ocean coast of the Zambezia province of Mozambique, known to contain the heavy minerals, ilmenite, rutile and zircon.