28 May 2013 07:00
Sierra Rutile Limited
Director's Dealing
London, UK, 28 May 2013: Sierra Rutile Limited (the "Company") has received notice on 24 May 2013 that Mr Richard Lister, a Non-Executive Director of the Company, has entered into an agreement to purchase 110,000 ordinary shares of no par value in the Company ("Ordinary Shares") at a price of 50 pence per Ordinary Share on 24 May 2013. Following this transaction, Mr Lister holds 310,000 Ordinary Shares representing 0.06% of the Company's issued share capital.
For Further Information:
Sierra Rutile Limited Yves Ilunga, Chief Financial Officer
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+44 (0)20 7074 1800 |
RBC Capital Markets Nominated Adviser and Joint Corporate Broker Martin Eales / Jonathan Hardy
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+44 (0)20 7653 4000 |
Mirabaud Securities Joint Corporate Broker Peter Krens
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+44 (0)20 7321 2508 |
Kreab Gavin Anderson Marc Cohen / Robert Speed |
+44 (0)20 7074 1800 |
About Sierra Rutile Limited
Sierra Rutile produces titanium feedstock industrial minerals (primarily rutile, with some associated ilmenite), as well as smaller quantities of zircon. Sierra Rutile's mine, located in the south west of Sierra Leone, is one of the largest natural rutile deposits in the world, with a JORC-Compliant Mineral Resource for measured, indicated and inferred resources for the Sierra Rutile mine of over 600 million tonnes (as at February 2011).
www.sierra-rutile.com