28th Sep 2009 07:00
28 September 2009 CHL: AIM
CHURCHILL MINING PLC
("Churchill" or "the Company")
Statement re Press Speculation
The Company notes recent press speculation together with the increase in its share price and advises that it has received three separate and unconnected non-binding approaches, all of which are at various stages. Two of these approaches relate to the possible acquisition of specific projects within Churchill, and the third relates to a possible offer for the Company as a whole.
The Company will continue discussions with all three of these parties, which may or may not lead to one or more offers for the Company or certain of its projects. The approaches are conditional on due diligence and at this stage there is no certainty that any will progress to completion.
The Company would also like to clarify that there is no basis to the speculation in the press linking the Company to BHP Billiton.
Further information please contact
Enquiries:
|
Churchill Mining Plc Managing Director - Paul G. Mazak +62 81510539186 / + 62 21 39832398 |
Astaire Securities Shane Gallwey
+44(0)20 7448 4400 |
Pelham PR James MacFarlane / Charles Vivian +44 (0) 20 7337 1500 or +44 (0) 7977 297 903 |
Related Shares:
Cloudified Holdings Limited