Business
Market Update
Market Update.
About this update from Mineral And Financial Investments Ltd
[{"type":"text","content":"\n \nRNS Number : 5214I Mineral & Financial Invest. Limited 03 July 2013 \n \n\nMINERAL & FINANCIAL INVESTMENTS LIMITED\n \n(\"Mineral & Financial\" or the \"Company\")\n \nMARKET UPDATE\n \nThe Board of Mineral & Financial notes that the £330,000 loan note it holds in Silvermere Energy plc (\"Silvermere\") became due for repayment at the end of June and is now in default. The trading in Silvermere's shares remains suspended, pending clarification of its financial position.\nMineral & Financial has been engaged in active talks with Silvermere since mid-March regarding a potential resolution to Silvermere's financial difficulties, and talks remain ongoing.\nA further announcement will be made in due course if and when any agreement is reached.\n \n \nFor further information please call:\n\n\n\n\n\n\n\n\n\n\n\n\nMineral & Financial Investments Limited\n\n\n\n\n\n\n\nJennifer Allsop\n\n\n+44 7788 451 744\n\n\n\n\n\n\n\n\n\n\n\n\n \nLibertas Capital Corporate Finance Limited\n\n\n\n\n\n\n\nSandy Jamieson\n \n\n\n+44 203 697 9495 \n\n\n\n\n\n\n\n\n\n\n\n\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCNKNDQDBKDOOK\n ","length":3506,"tagName":"div"}]