21st Jul 2014 11:58
Strategic Natural Resources PLC
("SNR" or the "Company")
Millennium Energy Corp Share Purchase Terminated
The board of SNR, the AIM quoted natural resources developer operating in South Africa, which indirectly owns 74% of Elitheni Coal (Pty) Limited, announces that the Company and Ivory Mint Holdings Corp. ("the Vendor") have agreed not to proceed with the Millennium Energy share purchase agreement as previously announced on 1 July 2014. As per the termination agreement, the Vendor will repay the £660,000 to the Company within 90 days.
21st July 2014
For further information, please contact:
Strategic Natural Resources PLC | |
Mike Drozd | +44 (0) 7803 895 917 |
For further information about Strategic Natural Resources PLC please visit www.snrplc.com
Related Shares:
SNRP.L