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Response re Press Coverage

16th Apr 2010 15:43

RNS Number : 3448K
ZincOx Resources PLC
16 April 2010
 



16 April 2010

 

 

 

ZincOx Resources plc

("ZincOx" or "the Company")

 

Press Coverage

 

The Directors of ZincOx note recent press coverage connected with the forthcoming general meeting of the Company, and particularly with regard to the financing arrangements and EAFD supply agreements for its RHF recycling plant in Ohio, USA. The Directors refer interested parties to the announcement made by the Company on 6 April 2010 which stated that:

- "ZincOx has received a banking mandate and term sheet which is currently being considered by the Board in order to raise US$60 million project finance for ORP. This finance together with cash resources held by the Company is expected to be sufficient to develop ORP without further recourse to shareholders"; and

- "Negotiations to secure EAFD supply contracts to ORP are underway".

The Directors confirm that the position with regard to these disclosures remains unchanged.

 

For more information please contact:

 

Andrew Woollett, Executive Chairman

ZincOx Resources plc

Tel: +44 (0) 1276 450100

 

John Harrison (Nominated Adviser)

James Black (Corporate Broker)

Numis Securities

Tel: +44 (0) 20 7260 1000

 

Charlie Geller/ Leesa Peters, Conduit PR

Tel (Direct): +44 (0) 20 7429 6604/ + 44(0) 7528 233 383

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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