TIDMSRX

RNS Number : 8510V

Sierra Rutile Limited

21 April 2016

Sierra Rutile Limited

Notification of Major Interest in Shares

19 April 2016: Sierra Rutile Limited (AIM:SRX) ("Sierra Rutile" or the "Company") announces that it was informed on 20 April 2016 that, as at 19 April 2016, Neon Liberty Capital Management was interested in 34,867,400 ordinary shares of no par value in the Company, representing 5.85% of the issued share capital of the Company.

ENDS

For further information

 
 Sierra Rutile Limited 
  John Sisay, Chief Executive 
  Officer 
  Matthew Hird, Chief Financial      +44 (0)20 
  Officer                            7074 1800 
 Investec Bank 
  Nominated Adviser and 
  Joint Corporate Broker 
  Chris Sim / George Price           +44 (0)20 
  / Jeremy Ellis                     7597 4000 
 Numis Securities Limited 
  Joint Corporate Broker 
  John Prior / James Black           +44 (0)20 
  / Paul Gillam                      7260 1000 
 RBC Capital Markets 
  Joint Corporate Broker             +44 (0)20 
  Jonny Hardy / Elliot Thomas        7653 4000 
 Kreab 
  Marc Cohen / Christina             +44 (0)20 
  Clark                              7074 1800

About Sierra Rutile Limited

Sierra Rutile is a leading, multi-mine mineral sands company, operating world-class assets and developing a portfolio of growth projects in the south west of Sierra Leone, with its primary commodity mined being natural rutile, a titanium feedstock. The Company has an established operating history spanning approximately 50 years and a resource mine life of another 50 years with one of largest natural rutile deposits in the world and a JORC-Compliant Mineral Resource for measured, indicated and inferred resources for the Sierra Rutile mine of over 866 million tonnes (as at 30 September 2015). Sierra Rutile expects to be the world's largest primary producer of natural rutile in 2016.

www.sierra-rutile.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLDMGZDRGFGVZM

(END) Dow Jones Newswires

April 21, 2016 02:00 ET (06:00 GMT)

Sierra Rutile (LSE:SRX)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Sierra Rutile Charts.
Sierra Rutile (LSE:SRX)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Sierra Rutile Charts.