SNRP.L Regulatory News (SNRP)

16 Dec 2009 09:01



16 December 2009

Strategic Natural Resources PLC (AIM: SNRP)

("SNR" or the "Company")

Holding(s) in Company

The Board of SNR was notified on the 15 December 2009 that on the 02 December 2009 RAB Capital plc, acting as discretionary manager of RAB Energy Fund Limited and RAB Octane Fund Limited, acquired an indirect interest in 3,420,000 ordinary shares in the Company. Following this acquisition, RAB Capital has a total indirect interest in 6,778,333 ordinary shares in the Company, equivalent to 9.05 per cent. of the total issued share capital of SNR. The shares are registered in the name of Credit Suisse Client Nominees (UK) Limited.

Jeremy Metcalfe, Chief Executive of SNR, said; "I am delighted that RAB Capital have decided to increase their holding in SNR which, alongside Coal of Africa's recent share purchase, is a great endorsement."

For further information contact:

The Company:

Jeremy Metcalfe, Chief Executive Officer 

Strategic Natural Resources PLC 

Tel: +44 (0)1303 874 798

David Nel, Chief Operations Officer 

Strategic Natural Resources PLC

Tel: + 27 41 374 0842

Nominated Adviser:

Rod Venables/James Reeve 

Allenby Capital Limited

Tel: +44 (0)20 3328 5656

Broker:

Emin Eyi/Tercel Moore 

S P Angel Corporate Finance LLP

Tel: +44(0) 207 647 9640

Nicholas Malins-Smith/James Wood

Religare Hichens, Harrison plc

Tel: +44 (0)20 7444 0508

Public Relations:

Ana Ribeiro/ Tim Blythe

Blythe Weigh Communications

Tel: +44 (0) 20 7138 3206 / +44 (0) 20 7138 3205

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