Update on Company Investment Policy (7681D)

TIDMCGM

RNS Number : 7681D

Consolidated General Minerals PLC

29 March 2011

CONSOLIDATED GENERAL MINERALS PLC

Update on the implementation of the Company's Investment Policy

29 March 2011 - Consolidated General Minerals plc ("CGM" or the "Company") announces that in light of the progress being made towards implementing the Company's Investing Policy, the admission of the Company's shares to trading on AIM will not be cancelled on 31(st) March 2011 but will remain suspended until further notice. This will allow CGM to further implement its Investing Policy to the satisfaction of the London Stock Exchange as required by the AIM Rules for Companies.

The Company will continue to keep shareholders updated on the progress made.

For further information contact:

 
 Consolidated General Minerals 
  plc 
 Robert Adair, Chairman           +44(0)7872 930 114 
 Jean-Pierre Conrad, Executive 
  Director                        +41 (0)79 601 51 59 
 Brewin Dolphin (Nomad) 
 Alex Dewar                       +44(0) 131 529 0276 
 Threadneedle Communications 
 Laurence Read                    +44 (0)20 7653 9855

Notes to Editors:

Consolidated General Minerals plc's ("CGM") investment policy is to create shareholder value by identifying and acquiring holdings in businesses and ventures active in natural resources with a particular focus on the minerals (including industrial minerals) and metals sectors.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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