Holding(s) in Company

RNS Number : 2417U

Pathfinder Minerals Plc

05 April 2016

 

5 April 2016

Pathfinder Minerals Plc

("Pathfinder" or the "Company")

Holding in Company

Pathfinder was notified yesterday that John McKeon has sold 4,696,000 Pathfinder shares. Insofar as the Company is aware, following the disposal, Mr McKeon's shareholding is now 8,024,500 shares representing 6.28% of the Company's issued share capital.

Enquiries:                                                                                                        

Pathfinder Minerals Plc

Nick Trew, Chief Executive

Tel. [phone]

WH Ireland Limited (Nomad and Broker)

Paul Shackleton or Mark Leonard

Tel. [phone]

Vigo Communications (Public Relations)

Ben Simons or Ali Roper

Tel. [phone]

Email. [e-mail]

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.

CMdN, a subsidiary of Pathfinder, 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

 

 

HOLIAMTTMBIMBTF