Hunter Resources PLC Company Update (3748T)

TIDMHUN

RNS Number : 3748T

Hunter Resources PLC

05 January 2017

5 January 2017

Hunter Resources plc

("Hunter" or the "Company")

(AIM: HUN)

Company Update

Further to the announcement of 8 November 2016, the board of directors of the Company (the "Board") confirms that the admission to trading of its ordinary shares on AIM will be cancelled on 6 January 2017, having been suspended on 5 July 2016.

The Board has continued unsuccessfully so far in its attempts to reach a conclusion to the dispute regarding the Company's Pampamali joint venture project in Peru, details of which have previously been announced. The Board is considering future options in this matter. It does, however, continue to own the rights to the Prospero project.

The Board continues to actively investigate a number of new projects with the intention of obtaining a new admission to trading of its ordinary shares on AIM or some other exchange. These are still at an early stage. The Board is no longer pursuing the exploration project in East Africa mentioned in the announcement of 8 November 2016.

For further information, please contact:

 
Hunter Resources plc       Allenby Capital Limited 
 Simon Hunt                 (Nominated Adviser and 
 (Chairman)                 Broker) 
 +44 7733 337 755           John Depasquale/Nick Harriss/Nick 
 www.hunter-resources.com   Naylor 
                            +44 20 3328 5656 
                            www.allenbycapital.com 
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ENDS

This information is provided by RNS

The company news service from the London Stock Exchange

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January 05, 2017 02:00 ET (07:00 GMT)

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