Update

RNS Number : 4973X
Regency Mines PLC
14 August 2009
 



REGENCY MINES PLC

Update

14 August 2009

Regency Mines plc ('Regency' or the 'Company'), the mining exploration and mineral investment company with interests in copper and nickel in Western Australia, Queensland, and Papua New Guinea, announced on 22 September 2008 that the Company had increased its shareholding in the Mambare nickel-cobalt project in Papua New Guinea from 75% to 100%. The payment of PGK 200,000 (approximately £46,000), the second and final tranche of the consideration under that agreement, has now taken place, the relevant conditions having been fulfilled. 

Enquiries:


Andrew Bell

0207 402 4580

or

07766 474849


Red Rock Resources plc

Chairman

Peter Trevelyan-Clark / Ben Jeynes


020 7489 4500

Blomfield Corporate Finance Ltd


Nominated Adviser

Nick Emerson

01483 413500

Simple Investments Ltd


Broker

Ron Marshman / John Greenhalgh


020 7011 9411

Lothbury Financial Limited

Public Relations

Updates on the Company's activities are regularly posted on its website, www.regency-mines.com.



This information is provided by RNS
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