Business
Company Update
Company Update.
About this update from Rome Resources Plc
[{"type":"text","content":"\n \nRNS Number : 8885F Pathfinder Minerals Plc 26 February 2018 \n\n26 February 2018\nPathfinder Minerals Plc\n(\"Pathfinder\" or the \"Company\")\nCompany Update\n \nFurther to the Company's announcement on 21 February 2018, Pathfinder provides the following update on the process to restore control of the areas previously licensed to the Company in Mozambique under mining concessions 760C and 4623C (the \"Licences\"). \nThe Company received on 23 February 2018 a communication from a representative of General Jacinto Veloso, in consequence of which the Company is informed that currently there is no ongoing settlement negotiation for the return of the Licences.\nWhile the Board remains open to resuming a dialogue on a reasonable basis, it is focused on enforcing the Company's rights through the judicial process and is confident in the Company's legal position. \nEnquiries: \nPathfinder Minerals Plc\nNick Trew, Chief Executive\nTel. +44 (0)20 3440 7775\n \nWH Ireland Limited (Nomad and Joint Corporate Broker)\nJames Joyce or Jessica Cave\nTel. +44 (0)20 7220 1666\n \nBeaufort Securities Limited (Joint Corporate Broker)\nJon Belliss or Elliot Hance\nTel. +44 (0)20 7382 8300\n \nVigo Communications (Public Relations)\nBen Simons or Kate Rogucheva\nTel. +44 (0)20 7830 9700\nEmail. [email protected]\n \nNotes to Editors:\nPathfinder Minerals Plc is incorporated in England and is admitted to trading on the AIM market of the London Stock Exchange.\nCMdN, a subsidiary of Pathfinder, was issued mining concession licences 760C and 4623C on 13 September 2004 and 13 July 2011 respectively, each for a period of twenty-five years. Taken together, these mining concessions cover approxim...