Business
Share Price Movement
Share Price Movement.
About this update from Tertiary Minerals Plc
[{"type":"text","content":"\n \nRNS Number : 1989Y Tertiary Minerals PLC 01 December 2017 \n\n1 December 2017\nTertiary Minerals plc (\"Tertiary\" or \"the Company\")\nShare Price Movement\nTertiary Minerals plc, the AIM-traded company building a strategic position in the fluorspar sector, notes the recent increase in the Company's share price and high levels of trading, and confirms that it is not aware of any reason for this movement other than the Company's announcement of a Memorandum of Understanding (\"MOU\") with Possehl Erzkontor GmbH & Co. KG (\"Possehl\") at 7.00am on 29 November 2017. \nThe Company would like to emphasise that the agreement of the definitive Offtake Agreement is subject to futher negotiation between the Company and Possehl, and the detailed commercial terms have yet to be agreed. There can be no guarantee that an Offtake Agreement will be entered into. \n \n\n\n\n\n \nEnquiries\n \nTertiary Minerals plc\nRichard Clemmey, Managing Director\nPatrick Cheetham, Executive Chairman \n \n\n\n \n \n+44 (0) 1625 838 679 \n\n\n\n\nSP Angel Corporate Finance LLP\nNominated Adviser & Joint Broker\nEwan Leggat/Lindsay Mair\n\n\n+44 (0) 20 3470 0470\n\n\n\n\n \nBeaufort Securities Ltd\nJoint Broker\nElliot Hance\n \n\n\n \n+44 (0)20 7382 8300\n\n\n\n\n \nNotes to Editors\nTertiary Minerals plc (ticker symbol 'TYM') is an AIM-traded mineral exploration and development company building a significant strategic position in the fluorspar sector. Fluorspar is an essential raw material in the chemical, steel and aluminium industries. Tertiary controls two significant Scandinavian projects (Storuman in Sweden and Lassedalen in Norway) and a large deposit of strategic significance in Nevada, USA (MB Project).\n \nMarket Abuse Regulation (MAR) Disclosure\nCertain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END SPMMMMGZVMDGNZM\n ","length":3539,"tagName":"div"}]