3rd Sep 2015 11:30
03 September 2015
Strategic Minerals plc
("Strategic Minerals" or the "Company")
Holding in Company
Strategic Minerals plc (AIM: SML; USOTC: SMCDY), the diversified mineral development and production company, has today been informed that Richard Corsie no longer holds a notifiable interest in the Company's share capital.
For further information, please contact:
Strategic Minerals plc John Peters Managing Director
| +61 414 727 965 |
Allenby Capital Limited Nominated Adviser and Joint Broker Jeremy Porter James Reeve
| +44 (0)20 3328 5656 |
Cornhill Capital Limited Joint Broker James Sheehan Colin Rowbury
| +44 (0)20 3700 2516 |
Yellow Jersey PR Financial PR Dominic Barretto Kelsey Traynor | +44 (0)779 900 3220 |
Notes to Editors
Strategic Minerals plc is an AIM quoted, diversified mineral development and production company, with projects in the United States of America and New Zealand. The Company is focused on acquiring and developing cash generative, high quality projects which meet local market demand for commodities.
In September 2011, the Strategic Minerals purchased, its first cash generating asset, the Cobre magnetite tailings dam project in New Mexico, USA which it brought into production in 2012 and which continues to provide a revenue stream for the Company. The portfolio was expanded in March 2015 with the acquisition of the Tatu Coal Mine located in North Island, New Zealand. Strategic Minerals is now developing this project with the expectation it will make its first thermal coal sales by H1 2016.
Related Shares:
Strategic Minerals