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30 March 2015
Strategic Minerals plc
("Strategic Minerals " or the "Company ")
Statement re share price
Strategic Minerals plc (AIM: SML; USOTC: SMCDY) notes the recent increase in the Company's share price. The Board is continuing to seek new projects to build the Company's portfolio of near term production and producing assets. The Company is in advanced discussions with the vendor of a thermal coal project and separately has also signed a letter of intent, providing the Company with a six month exclusivity period to undertake due diligence, for a coal mine in Jilian Province, China. There can be no guarantee that either of these discussions will lead to the Company completing an acquisition. Further updates will be provided in due course.
For further information, please contact:
Strategic Minerals plc
John Peters
Managing Director
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+61 414 727 965
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Allenby Capital Limited
Nominated Adviser and broker
Jeremy Porter
James Reeve
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+44 20 3328 5656
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Tavistock Communications
Financial PR
Jos Simson
Nuala Gallagher
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+44 20 7920 3150
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This information is provided by RNS
The company news service from the London Stock Exchange
ENDSTRPKKDBQBKDBNN
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Strategic Minerals Corp NL
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CODE : SMC.AX |
ISIN : AU000000SMC6 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Strategic Min is a silver and gold producing company based in Australia. Strategic Min holds various exploration projects in Canada. Its main exploration properties are MAGNUM and PIKE PROPERTY in Canada. Strategic Min is listed in Australia. Its market capitalisation is AU$ 34.1 millions as of today (US$ 24.1 millions, € 20.6 millions). Its stock quote reached its lowest recent point on May 05, 2016 at AU$ 0.00, and its highest recent level on September 11, 2020 at AU$ 0.70. Strategic Min has 69 630 000 shares outstanding. |