Holding(s) in Company

RNS Number : 2890X

Pathfinder Minerals Plc

06 February 2013

 

For immediate release: 6 February 2013

Pathfinder Minerals Plc
("Pathfinder" or the "Company")

Holding in Company

Pathfinder was notified on 5 February 2013 by Mr Gordon Dickie that, as a result of a sale of shares on 27 November 2012, his interest in the Company's share capital fell below 8 per cent. Mr Dickie is now interested in 77,381,920 ordinary shares, representing 7.46% 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 or Maria Souvorov

Tel: [phone] /2327

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.  Ownership of these licences is being disputed, as announced on 3 February 2012. 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.

 

END

 

 

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