3 February 2015
Xtract Resources Plc
("Xtract" or "the Company")
Update Re: Earn-in Option Agreement
Xtract Resources Plc (AIM : XTR) announces an update and refers shareholders to the announcement of 20 January 2015 in which the Company announced that it is in the process of re-negotiating the earn-in option agreement. The Company is still in discussions to re-negotiate the terms of the current agreement and all payments which are due have been suspended by the agreement of both parties until a final agreement is reached. Shareholders will be advised of any further developments in negotiations and progress at the mine promptly.
Ends.
Enquiries:
|
Xtract Resources Plc |
Jan Nelson, CEO |
+44 (0)20 3416 6471 |
|
Cenkos Securities Plc |
Alan Stewart Derrick Lee |
+44 (0)131 220 6939 |
|
Hume Capital Securities plc |
Jon Belliss Abigail Wayne |
+44 (0)20 3693 1470 |
|
St James's Corporate Services Limited |
Phil Dexter |
+44 (0)20 7796 8647 +44 (0)7798 634398 |
|
Gable Communications Limited |
John Bick |
+44 (0)20 7193 7463 +44 (0) 7872 061007 |
This information is provided by RNS