Update re Acquisition of Portage Minerals Inc.

RNS Number : 3371P

Tri-Star Resources PLC

01 October 2013

 

01 October 2013

Tri-Star Resources Plc
("Tri-Star Resources" or the "Company")

Update re Acquisition of Portage Minerals Inc.

Filing of Articles of Amalgamation

Further to the announcement on 13 September 2013, the Company is pleased to announce that Portage Minerals Inc. ("Portage") has filed the articles of amalgamation for Portage and Tri-Star Antimony Canada Inc. ("Tri-Star Antimony"), a wholly-owned subsidiary of Tri-Star Resources, pursuant to a three-cornered amalgamation (the "Amalgamation") approved by the shareholders of Portage on 12 September 2013.  Closing of the Amalgamation is expected to occur on 4 October 2013, which is when the parties expect to receive the certificate of amalgamation.

Application will be made for the new Tri-Star Shares (as detailed in the announcement dated 13 September 2013) to be admitted to trading on AIM, with admission expected to take place on the same day as completion being 8 October 2013.

Enquiries:

Tri-Star Resources Plc Emin Eyi, Managing Director Brian Spratley, Technical Director	Tel: [phone] Tel: [phone]
Strand Hanson Limited (Nomad) James Harris / Richard Tulloch/Ritchie Balmer	Tel: [phone]
SP Angel Corporate Finance LLP (Joint Broker) Robert Wooldridge/Katy Birkin	Tel : [phone]
Keith, Bayley, Rogers & Co Limited (Joint Broker) Brinsley Holman	Tel: [phone]

About Tri-Star Resources

Tri-Star Resources is a focused antimony company whose management has many years experience in trading and mining this critical mineral.  The Company's objective is to become the leading integrated antimony metal and products manufacturer to western economy consumers utilising an environmentally advanced 20,000 tonnes per annum name plate capacity antimony metal and tri-oxide production facility in the Gulf, with raw material supplied from its upstream resource projects in Turkey and Canada and from third party producers.

Further information is available at www.tri-starresources.com.

 

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