Holding(s) in Company

RNS Number : 1953G

Pathfinder Minerals Plc

04 June 2013

 

Embargoed: 0700hrs, 4 June 2013

Pathfinder Minerals Plc

("Pathfinder" or the "Company")

Holding in Company

Pathfinder was notified yesterday by Mr Gordon Dickie that, as a result of a sale of shares on 29 May 2013, his interest in the Company's share capital fell below 6 per cent. Mr Dickie is now interested in 60,002,586 ordinary shares, representing 5.79% of the Company's issued share capital.

Enquiries:

Pathfinder Minerals Plc

Nick Trew, Chief Executive

Tel. [phone]

Daniel Stewart & Company Plc

David Hart or James Thomas

Tel: [phone]

M: Communications

Ben Simons

Tel: [phone]

Notes to Editors:

Pathfinder Minerals Plc is incorporated in England & Wales and is admitted to trading on the AIM market of the London Stock Exchange.

Companhia Mineira de Naburi S.A.R.L. ("CMDN"), a subsidiary of Pathfinder Minerals, was issued mining concession licences 760C and 4623C on 13 September 2004 and 13 July 2011 respectively, each for a period of twenty-five years. Taken together, these mining concessions cover approximately 32,000 hectares of land on the Indian Ocean coast of the Zambezia province of Mozambique, known to contain the heavy minerals, ilmenite, rutile and zircon.

As announced on 3 February 2012, ownership of these licences is being disputed.

 

END

 

 

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