Statement regarding share price movement

RNS Number : 5637A

Obtala Resources Limited

21 March 2013

 



21 March 2013

Obtala Resources Limited

("Obtala" or the "Company")

(AIM: OBT)

Statement regarding share price movement

The Board of Obtala notes the recent movement in the Company's share price. The Board is not aware of any reason that would lead to such a movement in the Company's share price. The Board and the Management of the Company continue to work in the best interest of the shareholders and remain confident that the business will continue to grow and develop in line with the Board's strategy. The Company remains debt-free and has sufficient cash to meet its growth plans.

Obtala Resources Francesco Scolaro - Chairman Simon Rollason - Managing Director www.obtalaresources.com	[phone]
Macquarie (Nomad and Broker) Nicholas Harland Steve Baldwin	[phone]

 

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