Statement regarding Bacanora Minerals

RNS Number : 3650L

Rare Earth Minerals PLC

30 September 2016

 

Rare Earth Minerals Plc

("Rare Earth Minerals",  or "the Company")

Statement regarding Bacanora Minerals

The Directors of Rare Earth Minerals note the announcement from Bacanora Minerals Limited ("Bacanora") today and confirm that the Company has approached Bacanora with a merger proposal. The Board is considering its next course of action and a further announcement will be made in due course, if appropriate.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

- Ends -

For further information, please contact:

Rare Earth Minerals plc

Andrew Suckling                                                                                                                                  [phone]

Donald Strang                                                                                                                                        [phone]

WH Ireland Limited (NOMAD & Broker)                                                                                    [phone]

James Joyce

James Bavister

Square1 Consulting                                                                                                                              [phone]

David Bick

Brian Alexander

 

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