Statement re Share Price Movement (3717X)
February 14 2012 - 4:36AM
UK Regulatory
TIDMLRL
RNS Number : 3717X
Leyshon Resources Limited
14 February 2012
LEYSHON RESOURCES LIMITED
14 February 2012
Statement re Share Price Movement on ASX
The directors of Leyshon Resources Limited ("Leyshon" or the
"Company") (AIM & ASX: LRL) note the increase in the Company's
share price in trading on the ASX today and confirm they know of no
reason for the price rise.
As previously announced, the Company is in negotiations and
undertaking due diligence in relation to a PRC entity that holds an
exploration licence over a thermal coal project in the Western
Chinese province of Xinjiang. One possible explanation (which the
Company is unable to confirm or deny has any merit) for the price
movement may be due to speculation as to the outcome of those
negotiations.
For further information contact:
Leyshon Resources Limited
Paul Atherley - Managing Director
Tel: +86 137 1800 1914
patherley@leyshonresources.com
Seymour Pierce
Jonathan Wright
Tel: +44 (0)207 107 8000
http://www.leyshonresources.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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