Further re: Coal Leases (8378X)
February 21 2012 - 10:00AM
UK Regulatory
TIDMNSN
RNS Number : 8378X
Natasa Mining Limited
21 February 2012
21 February 2012
Natasa Mining Ltd
("Natasa" or the "Company")
Further re: Coal Leases
The Directors of Natasa announce that, further to the
announcement made on 31 August 2011, in respect of the acquisition
of six coal leases in Alberta, Canada, (the "Leases") the Company
has been giving consideration to the most appropriate manner in
which to develop these assets and accordingly, is now contemplating
a listing on the main board of the London Stock Exchange (the
"Listing") together with a concurrent fundraising, of its recently
incorporated subsidiary, Alberta Coal Corporation ("ACC"), in which
the Leases are now held.
Natasa expects to be a significant shareholder in ACC following
the Listing.
A further announcement will be made in due course, providing
full details of the Listing should its successful implementation be
achieved.
Enquiries:
Natasa Mining Ltd
Chrisilios Kyriakou, Chairman
Telephone: 020 7514 1480
www.natasamining.com
Strand Hanson Limited
Angela Peace/James Spinney
Telephone: 020 7409 3494
HD Capital Partners LLP
Philip Haydn-Slater/Paul Dudley
Telephone: 020 3551 4870
This information is provided by RNS
The company news service from the London Stock Exchange
END
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