Business
Appointment of New Broker
Appointment of New Broker.
About this update from Cloudbreak Discovery Plc
[{"type":"text","content":"\n Cardinal Resources plc\n06 April 2006\n\n\nCARDINAL RESOURCES PLC APPOINTS ALFA CAPITAL MARKETS AS NEW BROKER\n\nLONDON - Thursday, 6th April 2006\n\nCardinal Resources plc (AIM:CDL) ('Cardinal' or 'The Company'), an independent\noil and gas production and exploration company operating in Ukraine, announces\nthat it has appointed Alfa Capital Markets as its broker, effective today.\n\n'I'm pleased to welcome Alfa as Cardinal's new corporate broker,' said Robert J.\nBensh, Cardinal's Chairman and Chief Executive Officer. 'As one of the largest\nbanks in Ukraine, Alfa has considerable experience and local presence that will\ngreatly assist Cardinal in its goal to become the leading independent oil and\ngas producer in the region.'\n\nSimon Roache, Chief Executive Officer of Alfa Capital Markets commented, 'I am\ndelighted to announce Cardinal Resources as Alfa's first UK nominated broker\nclient. Our dedicated sales and research teams in London are eager to introduce\nCardinal to our broad range of institutional clients and support them in\nfulfilling their capital markets objectives.'\n\n###\n\nFor further information please contact:\n\nCardinal Resources Alfa Capital Markets\nKate Spiro Simon Roache\n+44 (0) 20 7936 5258 +44 (0) 20 7588 8500\[email protected] [email protected]\n\nNotes to Editor\n\nCardinal Resources plc\nCardinal Resources plc is an independent oil and gas production and exploration\ncompany with assets in Ukraine. Cardinal is an experienced operator in the\ncountry focused on expanding its existing operations through the farm-in or\nacquisition of additional upstream oil and gas assets that can be further\ndeveloped through the application of modern technology and expertise.\n\n\nAlfa-Bank\nAlfa-Bank is one of Russia's largest privately-owned banks, present in every key\nsector of the financial services industry. Alfa Capital Markets is the\nFSA-registered London arm of Alfa-Bank's international investment banking\nbusiness and the only subsidiary of a major Russian/Ukrainian banking group to\nbe represented in London. The London office serves an international,\ninstitutional client base and provides a unique insight into the Russian and CIS\ncapital markets. Brokerage and trading are provided by an experienced team of\nover a dozen professionals. A dedicated London-based research team contributes\...