15 May 2015 11:08
15 May 2015
Praetorian Resources Limited
("Praetorian Resources" or the "Company")
Sale of investment
Praetorian Resources announces that it has sold its investment in AIM listed Equatorial Palm Oil plc ("EPO") on market for a cash sum of £637,500. The Company's investment in EPO was valued at £552,000 in calculating its net asset value at 31 March 2015, as announced on 20 April 2015. EPO was part of the Company's initial portfolio when it was admitted to AIM on 9 July 2012.
The funds raised will be used to provide additional working capital for the Company.
Contacts:
For further information, please contact:
Praetorian Resources Limited | Robert King, Chairman |
+44 (0) 1481 732 153 | |
Grant Thornton UK LLP (Nominated Adviser) | Colin Aaronson/ Jamie Barklem |
+44 (0)20 7383 5100 |
Duke Capital (DUKE)