27th Mar 2013 14:09
27 March 2013
Leed Resources Plc
("Leed" or "the Company")
Manas Coal LLC - Renewal of coal exploration licence
Manas Coal LLC ("Manas") has notified Leed that the coal exploration licence at Kok Kiya in Kyrgyzstan has been renewed for a period to 30 November 2015. This renewal relates to the part of the original licence area that is not in dispute. Manas informs us that they have been unsuccessful to date in securing the restoration of the disputed area but they are actively pursuing the matter through the Kyrgyz courts. Manas believes that a significant and viable coal resource is located within their present licence area. However the work programme at Kok Kiya remains on hold for the time being.
For further information, please contact:
Leed Resources plc | |
Peter Redmond | Tel: 0771 8660727 |
Libertas Capital Corporate Finance Limited | |
Sandy Jamieson | Tel: 020 7569 9650 |
Peterhouse Corporate Finance Limited | |
Jon Levinson/Lucy Williams | Tel: 0207 469 0935/ 0207 469 0936 |
VSA Capital Limited | |
Andrew Raca/Charlie Wilson | Tel: 020 3005 5000 |
Related Shares:
Leed Resources