BMR Bmr Group

TIDMBMR

RNS Number : 5662C

BMR Mining PLC

16 October 2015

BMR Mining PLC

("BMR" or the "Company")

Land & Equipment Lease Update

Following a review of operations by the Company at Kabwe, the Directors have now determined that the location of the initial Pilot Plant should be secured for the medium term and also under the Company's direct control, and they have therefore decided to construct the operational plant on the Company's own land at Kabwe.

As a result, the Company will not be proceeding with the leasing of land and equipment from Sable Zinc Kabwe Limited announced on 28 September 2015.

Whilst the Board is continuing to finalise the specification and costing of the operational plant, it does not believe that this decision will have a material adverse impact thereon.

Alex Borrelli, Chairman, commented "This decision reflects our focus on constructing a fully operational pilot plant that is capable of generating revenues for the Company."

Ends

For further information:

BMR Mining PLC 020 7734 6252

Alex Borrelli, CEO and Chairman

WH Ireland Limited 020 7220 1666

Chris Fielding, Head of Corporate Finance

This information is provided by RNS

The company news service from the London Stock Exchange

END

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