1st Aug 2016 07:00
BMR Group PLC ("BMR" or the "Company")
Offtake Agreement
The Board announces that, further to its RNS on 30 June 2016, it now expects to enter into the anticipated sale and purchase agreement with the private South African group engaged in mining, energy and agri-business later this week. It also expects that the agreement will incorporate a US$3.5 million facility for the benefit of BMR, rather than US$2.0 million.
This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.
Ends
For further information:
BMR Group PLC 020 7734 7282
Alex Borrelli, CEO and Chairman
WH Ireland Limited 020 7220 1666
NOMAD and Joint Broker
Chris Fielding, Head of Corporate Finance
Peterhouse Corporate Finance 020 7469 0930
Joint Broker
Lucy Williams/ Duncan Vasey/ Heena Karani
Related Shares:
Berkeley Mineral Resources