Holding(s) in Company

RNS Number : 9842P

Pathfinder Minerals Plc

23 November 2016

 

23 November 2016

Pathfinder Minerals Plc

("Pathfinder" or the "Company")

Holdings in Company

Pathfinder was informed on 22 November 2016 that, following an acquisition of 2,806,006 ordinary shares of 0.1p in the Company ("Ordinary Shares") at 0.8325p per share on 15 November 2016, James Buchan now holds an interest in 7,010,210 Ordinary Shares representing 4.93 per cent of the issued share capital. Pathfinder was also informed on 22 November 2016 that Old Church Street Holdings Limited, a company owned by Equinox Trustees as trustees of a trust for which John McKeon is the primary discretionary beneficiary, no longer holds a notifiable interest in the Company.

Enquiries:

Pathfinder Minerals Plc

Nick Trew, Chief Executive

Tel. [phone]

WH Ireland Limited (Nomad and Broker)

Paul Shackleton or James Bavister

Tel. [phone]

Vigo Communications

Ben Simons or Ali Roper

Tel. [phone]

Email. [e-mail]

Notes to Editors:

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

Companhia Mineira de Naburi S.A.R.L., 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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