BMR Group PLC Star Zinc Update (2186Y)
04 December 2017 - 6:00PM
UK Regulatory
TIDMBMR TIDMGLR
RNS Number : 2186Y
BMR Group PLC
04 December 2017
BMR Group PLC
("BMR", the "Group" or the "Company")
Star Zinc update
This announcement contains inside information for the purposes
of Article 7 of Regulation 596/2014.
The Board notes the announcement by Galileo Resources Plc this
morning concerning the Star Zinc project.
The Board of BMR is pleased to confirm that, following the
payment by BMR to Bushbuck Resources Limited ("Bushbuck") of
US$300,000, in accordance with the agreement summarised in the
announcement of 5 September 2017, the Republic of Zambia Ministry
Mines and Minerals Development confirmed on 1 December 2017 receipt
of the request by Bushbuck to transfer the Star Zinc licence
(19653-HQ-LEL) to Enviro Processing Limited, a subsidiary of
BMR.
A further announcement will be made in due course.
For further information:
BMR Group PLC 020 7734 7282
Alex Borrelli, CEO and Chairman
WH Ireland Limited 020 7220 1666
NOMAD and Joint Broker
Chris Fielding, Head of Corporate Finance
Peterhouse Corporate Finance 020 7469 0930
Joint Broker
Lucy Williams/ Duncan Vasey/ Heena Karani
This information is provided by RNS
The company news service from the London Stock Exchange
END
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