Notice of Court Hearing

RNS Number : 2925X

Pathfinder Minerals Plc

06 February 2013

 



For immediate release: 6 February 2013

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

Notice of Court Hearing

Further to the announcement on 1 February 2013, Pathfinder reports that the hearing of the application for appeal by the Defendants (as defined in that announcement) will take place on 22 or 23 April 2013 and is expected to last one and a half days.

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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