Business
Preliminary Results and Notice of AGM
Preliminary Results and Notice of AGM.
About this update from Tooru Plc
[{"type":"text","content":"\n \nRNS Number : 9897I Paternoster Resources PLC 06 June 2014 \n \n\n \n6 June 2014\nPaternoster Resources plc\n(\"Paternoster\" or the \"Company\")\n \nPreliminary results for the year ended 31 December 2013 and Notice of AGM\n \nPaternoster is pleased to announce its preliminary results for the year ended 31 December 2013. \n \nIn addition, the Company is pleased to announce that its Annual General Meeting will be held at Adams & Remers LLP, 32 Duke Street, St James's, London SW1Y 6DF on 30 June 2014 at 10.30 am.\n \nCopies of the annual report and accounts, along with the Notice of Annual General Meeting, will be posted to shareholders shortly and will be made available on the Company's website: www.paternosterresources.com \n \nFor more information please contact:\n \n\n\n\n\nPaternoster Resources plc:\n\n\n\n\n\n\n\nNicholas Lee, Chairman\n\n\n+44 20 7580 7576\n\n\n\n\n \n\n\n\n\nNominated Advisor and Joint Broker:\n\n\n\n\n\n\n\nWesthouse Securities\n\n\n\n\n\n\n\nAntonio Bossi\n\n\n+44 20 7601 6100\n\n\n\n\n \n\n\n\n\nJoint Broker:\n\n\n\n\n\n\n\nPeterhouse Capital Limited\n\n\n\n\n\n\n\nJon Levinson \n\n\n+44 20 7562 3351\n\n\n\n\n \n \n\n\n\nEXECUTIVE CHAIRMAN'S STATEMENT\n \nINTRODUCTION\nThe year ended 31 December 2013, has been a year of investment for the Company. During this period, it has invested over £1 million in opportunities in the natural resources sector.\nFINANCIAL\nDuring 2013, no significant investment realisations were made and the running costs of the Company were broadly offset by investment income received, resulting in a small loss from continuing operations of £33,148 (2012: profit of £449,833). The net asset value of the Company as at 31 December 2013 was £2,644,268 (2012: £2,656,343). \nThe Company's investment portfolio at 31 December 2013, is divided into the following categories:\n\n\n\n\nCategory\n\n\nPrincipal investments\n\n\nCost or valuation (£)\n\n\n\n\nUnlisted/pre IPO\n\n\nBison Energy Services Limited and Andiamo Exploration Limited\n\n\n374,692\n\n\n\n\nListed special situations\n\n\nBrady Exploration plc, Astar Minerals plc, Plutus Resources plc and Shumba Coal Limited\n\n\n828,816\n\n\n\n\nListed value opportun...