6th Apr 2006 07:00
Cardinal Resources plc06 April 2006 CARDINAL RESOURCES PLC APPOINTS ALFA CAPITAL MARKETS AS NEW BROKER LONDON - Thursday, 6th April 2006 Cardinal Resources plc (AIM:CDL) ("Cardinal" or "The Company"), an independentoil and gas production and exploration company operating in Ukraine, announcesthat it has appointed Alfa Capital Markets as its broker, effective today. "I'm pleased to welcome Alfa as Cardinal's new corporate broker," said Robert J.Bensh, Cardinal's Chairman and Chief Executive Officer. "As one of the largestbanks in Ukraine, Alfa has considerable experience and local presence that willgreatly assist Cardinal in its goal to become the leading independent oil andgas producer in the region." Simon Roache, Chief Executive Officer of Alfa Capital Markets commented, "I amdelighted to announce Cardinal Resources as Alfa's first UK nominated brokerclient. Our dedicated sales and research teams in London are eager to introduceCardinal to our broad range of institutional clients and support them infulfilling their capital markets objectives." ### For further information please contact: Cardinal Resources Alfa Capital MarketsKate Spiro Simon Roache+44 (0) 20 7936 5258 +44 (0) 20 7588 [email protected] [email protected] Notes to Editor Cardinal Resources plcCardinal Resources plc is an independent oil and gas production and explorationcompany with assets in Ukraine. Cardinal is an experienced operator in thecountry focused on expanding its existing operations through the farm-in oracquisition of additional upstream oil and gas assets that can be furtherdeveloped through the application of modern technology and expertise. Alfa-BankAlfa-Bank is one of Russia's largest privately-owned banks, present in every keysector of the financial services industry. Alfa Capital Markets is theFSA-registered London arm of Alfa-Bank's international investment bankingbusiness and the only subsidiary of a major Russian/Ukrainian banking group tobe represented in London. The London office serves an international,institutional client base and provides a unique insight into the Russian and CIScapital markets. Brokerage and trading are provided by an experienced team ofover a dozen professionals. A dedicated London-based research team contributesto Alfa-Bank's broader research effort. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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