16 Jun 2014 11:51
Strategic Natural Resources Plc
("SNR" or the "Company")
Dismissal of London Commodity Brokers' winding up petition
Further to the announcements by the Company on 25 April 2014, 12 May 2014, 13 May 2014 and 6 June 2014, the board of SNR, the AIM quoted natural resources developer operating in South Africa, which indirectly owns 74% of Elitheni Coal (Pty) Limited, announces that the winding up petition filed with the Companies Court in London by London Commodity Brokers ("LCB") has today been dismissed, with the consent of LCB and SNR, following SNR's settlement of the agreed amounts due from SNR to LCB, details of which were announced on 13 May 2014 and 6 June 2014.
For further information, please contact:
Strategic Natural Resources plc | |
Alex MacDonald, CEO and Chairman | +44 (0)20 3328 5656 |
Allenby Capital Limited - Nominated Adviser and Broker | |
Nick Naylor/James Reeve | +44 (0) 20 3328 5656 |
For further information about Strategic Natural Resources plc please visit www.snrplc.co.uk