Statement re share price

RNS Number : 8906I

Strategic Minerals PLC

30 March 2015

 



30 March 2015

Strategic Minerals plc

("Strategic Minerals" or the "Company")

Statement re share price

Strategic Minerals plc (AIM: SML; USOTC: SMCDY) notes the recent increase in the Company's share price.  The Board is continuing to seek new projects to build the Company's portfolio of near term production and producing assets.  The Company is in advanced discussions with the vendor of a thermal coal project and separately has also signed a letter of intent, providing the Company with a six month exclusivity period to undertake due diligence, for a coal mine in Jilian Province, China.  There can be no guarantee that either of these discussions will lead to the Company completing an acquisition.  Further updates will be provided in due course.

 For further information, please contact:

Strategic Minerals plc John Peters Managing Director	[phone]
Allenby Capital Limited Nominated Adviser and broker Jeremy Porter James Reeve	[phone]
Tavistock Communications Financial PR Jos Simson Nuala Gallagher	[phone]

 

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