Business
Change of Name
Change of Name.
About this update from Zephyr Energy Plc
[{"type":"text","content":"\n Vane Holdings PLC\n17 November 2004\n\n\n VANE Holdings plc (AIM: VHL)\n\n Notice of EGM and Proposed Change of Name\n\nThe Board of Vane Holdings is proposing to change the Company's name to 'Vane\nMinerals plc'. The Board believes that it is important that the name of the\nCompany more accurately reflects the business area within which it operates. It\nis also acknowledged that within the market the Company is already sometimes\nreferred to as 'VANE Minerals', the name currently used for its trading\nsubsidiary.\n\nThe Company will today post to shareholders a notice convening an Extraordinary\nGeneral Meeting at 11.30am on 13 December 2004. Copies of the EGM notice will be\navailable from the offices of Seymour Pierce Ltd, Bucklersbury House, 3 Queen\nVictoria Street, London EC4N 8EL.\n\nIt should be noted that subsequent to the proposed change of name new share\ncertificates will not be issued to existing holders of Ordinary Shares in the\nCompany. Existing certificates will remain valid.\n\nEnquiries:\n\nVANE Holdings plc Seymour Pierce Limited Parkgreen Communications\nMatthew Idiens Sarah Wharry Justine Howarth / Cathy Malins\n020 7667 6322 020 7107 8000 020 7493 3713\nwww.vaneminerals.com\n\nNotes to editors\n\nVANE Holdings is an exploration and development company focused on defining and\ninitiating prospective mineral projects. The Company benefits from a highly\nqualified and experienced management team with a proven track record in\nexploration and development. The Company is ideally placed to capitalise on\nproject acquisition opportunities, as it has negotiated access to a 7,000+ file\nglobal exploration database, excluding Indonesia, from US mining group\nFreeport-McMoRan, one of the world's largest producers of copper and gold.\n\nTo date, VANE has acquired 100% of the Diablito project and an option to acquire\n100% of the Guadalcazar project. Diablito is an advanced high-grade precious\nmetal vein deposit located in the State of Nayarit, west-central Mexico and the\nCompany expects to bring it into production in the first quarter of 2005.\nRevenues generated by production at Diablito will be used to help fund\nexploration at Guadalcazar, an early stage exploration property consisting of a\nlarge newly recognised hydrothermal gold system having the potential to define a\nlarge gold deposit (possibly in excess...