Cardinal Resources plc
24 October 2007
RESIGNATION OF NOMINATED ADVISER
LONDON - Wednesday, 24 October 2007
Cardinal Resources plc (AIM:CDL) ('Cardinal' or 'the Company'), an
independent oil and gas exploration and production company operating in
Ukraine, today announces the resignation of its Nominated Adviser
('NOMAD').
As announced on 16 October 2007, the Company's NOMAD, Nabarro Wells & Co
Limited, has given notice of resignation and that notice period expired
today.
Cardinal is seeking a replacement NOMAD. If Cardinal does not appoint a
replacement NOMAD within a month of the existing NOMAD's resignation then
the admission of its shares to trading on AIM will be cancelled under AIM
Rule 1.
Cardinal shares will remain suspended under AIM Rule 1 as well as AIM Rule
18.
For further information please contact:
Cardinal Resources Conduit PR Ltd
Charles Green / Natalia Egorova Jonathan Charles
+44 (0) 20 7936 5250 +44 (0) 20 7429 6666
investor.relations@cardinal-uk.com Jonathan@conduitpr.com
Nominated Adviser
Nabarro Wells & Co. Limited
John Wilkes / Marc Cramsie
+44 (0) 20 7710 7400
cardinal@nabarro-wells.co.uk
Notes to Editor
Cardinal Resources plc is an independent oil and gas company engaged in
the acquisition, development, production and exploration of oil and
natural gas properties in Ukraine. Cardinal is an experienced operator in
the country focused on expanding its existing operations through the
farm-in or acquisition of additional upstream oil and gas assets that can
be further developed through the application of modern technology and
expertise.
This information is provided by RNS
The company news service from the London Stock Exchange