Business
Possible Transaction
Possible Transaction.
About this update from Aminex Plc
[{"type":"text","content":"\n \nRNS Number : 4712I Aminex PLC 21 March 2018 \n\n21 March 2018\n \n \nAminex plc\n (\"Aminex\" or \"the Company\")\n \nPossible Transaction\n \nFollowing recent inquiries Aminex advises that it is in discussions with Eclipse Investments LLC ('Eclipse'), which is a related party, regarding a possible farm out of part of its interest in the Ntorya Appraisal Area. Eclipse is a wholly-owned subsidiary of the Zubair Corporation and is the Company's largest shareholder. The Zubair Corporation is one of Oman's leading business groups.\n \nAny farm-out would be subject to Tanzanian Government, shareholder and certain other approvals. There is no guarantee that a transaction will be completed. Shareholders will be updated when appropriate.\n \n \nEnds\n \nAminex PLC \nJay Bhattacherjee, Chief Executive Officer +44 (0) 20 3198 8415\nMax Williams, Chief Financial Officer\n \nInvestec Bank plc \nChris Sim +44 (0) 207 597 4000\n \nShore C...