17 Oct 2012 11:14
17 October 2012 Red Emperor Resources NL Notice of Annual General Meeting
Red Emperor Resources NL advises of its Notice of Annual General Meeting("Notice") on 15 November 2012.
The meeting is convened for 9:30am (WST) on 15 November 2012, to be held at 35 Richardson Street, West Perth, Western Australia.
Full details of the Notice can be found on the Company's website,www.redemperorresources.com.
The Directors have determined pursuant to Regulation 7.11.37 of the Corporations Regulations 2001 (Cth) that the persons eligible to vote at the Annual General Meeting are those who are registered Shareholders of the Company as at 5:00pm (EST) on 13 November 2012.For further information please visit www.redemperorresources.com or contact:Red EmperorGreg Bandy +61 8 9225 2826Rebecca Sandford +44 20 7025 7040
Fox-Davies Capital Limited (Nominated Adviser and Joint Broker) Susan Walker / Simon Leathers +44 20 3463 5000 Daniel Fox-Davies / Richard Hail +44 20 3463 5000
Old Park Lane Capital plc (Joint Broker)Luca Tenuta / Michael Parnes +44 20 7493 8188Tavistock CommunicationsLydia Eades/ Ed Portman +44 20 7920 3150Background
Red Emperor Resources NL is a natural resources exploration company with interests in the frontier state of Puntland, Somalia and the Republic of Georgia.
* In Puntland, Red Emperor has earned a 20% working interest in two licences
encompassing the highly prospective Dharoor and Nugaal valleys. These two
exploration areas cover over 36,000km2 and shared with JW partners Horn
Petroleum, the operator and 60% interest holder and Range Resources Limited
who also has a 20% interest.
* In the Republic of Georgia, Red Emperor has a 20% working interest in
onshore blocks VIa and VIb, covering approx. 6,500km2. Joint Venture
partner Range Resources Limited previously funded a
410km 2D seismic program with independent consultants RPS Energy
identifying 68 potential structures containing an estimated 2.045 billion
barrels of undiscovered oilâ€"inâ€"place (on a mean 100% basis) with the first
of two conventional exploration wells (Mukhiani-1) having spudded in July
2011. The Joint Venture is now focussing on a revised development strategy
that will target low-cost, shallow appraisal drilling of the contingent
resources around the Tkibuli-Shaori ("Tkibuli") coal deposit, which
straddles the central sections of the two blocks.
XLON