MTX
MEMTX
MTX - Metorex Limited - Camec/Copper Resources Corporation
METOREX LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1934/005478/06)
Share code: MTX
ISIN: ZAE000022745
Issuer code: MEMTX
("Metorex")
CAMEC/COPPER RESOURCES CORPORATION
Metorex refers to the announcement made by Copper Resources Corporation (`CRC`)
on 10 December 2008 confirming that it had disenfranchised Central African
Mining & Exploration Company plc (`CAMEC`) as a consequence of CAMEC`s failure
to comply with the provisions of Article 56A of CRC`s articles of association
(`Articles`) and extend a mandatory offer to CRC shareholders.
Metorex has sought legal advice on its position as a member of CRC and based on
this advice Metorex has commenced legal proceedings against CAMEC for breach of
the Articles in the amount of GBP86.3 million.
Registered office:
Cradock Heights
21 Cradock Avenue
Rosebank
Johannesburg
South Africa.
30 April 2009
Sponsor:
Barnard Jacobs Mellet Corporate Finance (Pty) Limited
Date: 30/04/2009 12:12:01 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS. |