26th Oct 2005 14:23
Nelson Resources Limited26 October 2005 NELSON ANNOUNCES ONTARIO SECURITIES COMMISSION INVESTIGATION CONCERNING TRADING Toronto, Ontario, Tuesday, October 26, 2005 - Nelson Resources Limited ofBermuda (TSX/AIM: NLG) today announced that the Ontario Securities Commission("OSC") has notified Nelson that the OSC is conducting an investigation of thetrading in the shares of Nelson. The OSC advises that the investigation isprompted by the announcement of the Lukoil transaction on September 30, 2005. Nick Zana, President and Chief Executive Officer of Nelson, stated that "as Imentioned in the October 3, 2005 investor teleconference, I welcome aninvestigation of all of the trading activity that occurred prior to Lukoil'sapproach. We have presented information to the OSC on this matter and willcontinue to fully cooperate with the OSC in its investigation." For further information, please contact:Nicholas Greene, Chief Financial Officer Tel: +44 20 7495 8908Nelson Resources Limited [email protected] THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES ORFOR DISSEMINATION IN THE UNITED STATES. This news release does not constitute anoffer to sell or a solicitation of an offer to buy any of the securities of theCompany in the United States. The securities of the Company have not been andwill not be registered under the United States Securities Act of 1933, asamended (the "U.S. Securities Act") or any state securities laws and may not beoffered or sold within the United States or to U.S. persons unless registeredunder the U.S. Securities Act and applicable state securities laws or anexemption from such registration is available. The TSX neither approves nor disapproves of the information contained herein. - ENDS - This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
NLG.L