20th Dec 2011 15:15
20 December 2011
Mentum Inc.
("Mentum" or the "Company")
Update re Disposal of Business
Mentum (AIM: MEN) announces that, following approval by shareholders granted at the Extraordinary General Meeting ("EGM") held on 15 December 2011, the disposal of the company's LME trading activities has now been completed.
This disposal will allow the Company to focus on an alternative investing strategy, as approved by shareholders at the EGM, to seek business opportunities in the Oil & Gas sector, which the Board believes can deliver enhanced value to shareholders.
Enquiries: | |
Mentum Inc, Mike Hirschfield
| tel: +44(0)84 4815 7339 |
Strand Hanson Limited, James Harris / Angela Peace
| tel: +44(0)20 7409 3494 |
Gable Communications Limited, John Bick / Justine James
| tel: +44(0) 20 7193 7463 tel: +44 (0) 7872 061007
|
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