Director/PDMR Shareholding

RNS Number : 2390S

Strategic Minerals PLC

06 July 2015

 



6^th July 2015

Strategic Minerals plc

("Strategic Minerals" or the "Company")

Director shareholding

Strategic Minerals plc (AIM: SML; USOTC: SMCDY) was yesterday informed that John Peters, Director and CEO of the Company, acquired on Friday 3^rd July 2015 on market, 4,700,000 ordinary shares in the Company at a price of 0.50 pence per share.  Following this purchase, Mr Peters has a beneficial interest in 5,700,000 ordinary shares in the Company, representing 0.64% of the Company's issued share capital.

For further information, please contact:

Strategic Minerals plc John Peters Managing Director	[phone]
Allenby Capital Limited Nominated Adviser and Joint Broker Jeremy Porter James Reeve	[phone]
Cornhill Capital Limited Joint Broker James Sheehan Colin Rowbury	[phone]
Yellow Jersey PR Financial PR Dominic Barretto Kelsey Traynor	[phone]

Notes to Editors

Strategic Minerals plc is an AIM quoted, diversified mineral development and production company, with projects in the United States of America and New Zealand. The Company is focused on acquiring and developing cash generative, high quality projects which meet local market demand for commodities. 

In September 2011, the Strategic Minerals purchased, its first cash generating asset, the Cobre magnetite tailings dam project in New Mexico, USA which it brought into production in 2012 and which continues to provide a revenue stream for the Company. The portfolio was expanded in March 2015 with the acquisition of the Tatu Coal Mine located in North Island, New Zealand. Strategic Minerals is now developing this project with the expectation it will make its first thermal coal sales by H1 2016.

This information is provided by RNS

The company news service from the London Stock Exchange

 

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