27th Dec 2013 07:00
27 December 2013
CHL: AIM
CHURCHILL MINING PLC
("Churchill" or "the Company")
Timing of Jurisdiction decision in the international arbitration claim against the Republic of Indonesia
The Directors of Churchill Mining PLC (AIM: CHL) wish to provide an update on the expected timing of the decision or awards on the Republic of Indonesia's ("ROI") challenge to the arbitral tribunal's jurisdiction to hear claims for damages against ROI raised by Churchill and its wholly owned subsidiary Planet Mining Pty Ltd ("Planet") under the auspices of the International Centre for Settlement of Investment Disputes ("ICSID").
The Tribunal anticipates issuing its decision or awards on ROI's challenge to jurisdiction in late January or early February 2014.
Churchill will provide an update when the decision is received.
END
For further information, please contact:
Churchill Mining plc Nicholas Smith Russell Hardwick + 61 8 6382 3737 | Northland Capital Partners Limited Luke Cairns/Edward Hutton +44(0)20 7796 8800 |
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