Primorus Investments PlcLSE: PRIM

Update - Evaluation of Further Investments

· Issued by Primorus Investments Plc
RNS Number : 8563U
Stellar Resources PLC
06 December 2013
 

6 December 2013

Stellar Resources plc

 ("Stellar Resources" or the "Company")

Update - Evaluation of Further Investments

The Board of Stellar Resources (AIM: STG) the AIM natural resources focussed investment company states that, in line with its investment policy, it is reviewing a number of potential investment opportunities, in particular in advanced high quality and near term coal opportunities in the Asia Pacific region.

David Lenigas, Stellar's Chairman, commented:

"The board is considering a number of potential coal projects in the Asia Pacific region that are at an advanced stage of pre-production with a view to investing in a project or projects that are near to or in production."

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Enquiries:

Stellar Resources plc

David Lenigas, Executive Chairman

Donald Strang, Finance Director

+44 20 7440 0640

Cairn Financial Advisers LLP

James Caithie / Paul Trendell

+44 20 7148 7900


This information is provided by RNS
The company news service from the London Stock Exchange
 
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