20th Mar 2007 18:28
Cardinal Resources plc20 March 2007 LONDON - Tuesday 20th March 2007 Cardinal Resources plc (AIM:CDL) ("Cardinal" or "the Company"), an independentoil and gas exploration and production company operating in Ukraine, todaymailed a circular to shareholders to address a number of allegations,inaccuracies and factual errors made by dissident shareholder QVT Financial LLP("QVT") in a letter to Cardinal shareholders dated the 5th March 2007. Thecircular to shareholders is available in accordance with the AIM Rules on theCompany's website at: www.cardinal-uk.com. The Board of Directors of Cardinal reiterates its unanimous recommendation thatshareholders vote against the EGM resolutions. ### For further information please contact: Cardinal Resources Brunswick GroupCharles Green / Natalia Egorova Paul Scott+44 (0) 20 7936 5250 +44 (0) 20 7404 [email protected] [email protected] Nominated AdviserNabarro Wells & Co. LimitedJohn Wilkes+44 (0) 20 7710 [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. ### --------------------------------------------------------- This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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