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  5. Millennium Energy Corp. Share Purchase Terminated

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Millennium Energy Corp. Share Purchase Terminated

21 Jul 2014 11:58

RNS Number : 8530M
Strategic Natural Resources PLC
21 July 2014
 



Strategic Natural Resources PLC

("SNR" or the "Company")

 

 Millennium Energy Corp Share Purchase Terminated

 

 

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 Company and Ivory Mint Holdings Corp. ("the Vendor") have agreed not to proceed with the Millennium Energy share purchase agreement as previously announced on 1 July 2014. As per the termination agreement, the Vendor will repay the £660,000 to the Company within 90 days.

 

21st July 2014

For further information, please contact:

 

Strategic Natural Resources PLC

enquiries@snrplc.com

Mike Drozd

+44 (0) 7803 895 917

 

For further information about Strategic Natural Resources PLC please visit www.snrplc.com

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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