28th Apr 2011 07:00
Alexander Mining plc ("Alexander" or the "Company")
Termination of Agreement with RPT Resources Ltd.
Alexander's wholly owned subsidiary MetaLeach Limited ("MetaLeach") has received notice from ArPetrol Ltd. ('ArPetrol'), formerly RPT Resources Ltd., that it has concluded a transaction whereby it is now solely engaged in oil and gas exploration and it has therefore terminated the commercial consultancy agreement with MetaLeach.
Alexander has agreed with ArPetrol that all outstanding invoices will be settled in return for a payment of US$50,000 and Alexander having the right to pursue introduced mining project opportunities directly, one of which is with Firestone Ventures Inc.
For further information please contact:
Martin Rosser Matt Sutcliffe
Chief Executive Officer Executive Chairman
Mobile: + 44 (0) 7770 865 341 Mobile: +44 (0) 7887 930 758
Alexander Mining plc
1st Floor
35 Piccadilly
London
W1J 0DW
Tel: +44 (0) 20 7292 1300
Fax: +44 (0) 20 7292 1313
Email: [email protected]
Website: www.alexandermining.com
Nominated Advisor and Joint Broker
Ambrian Partners Limited
Samantha Harrison / Jen Boorer
+44 (0) 20 7634 4700
Joint Broker
XCAP Securities plc
John Grant / David Newton
+44 (0) 20 7101 7070
Public/Media Relations
Britton Financial PR
Tim Blackstone
+44 (0) 20 7242 9786
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Related Shares:
eEnergy Group