Brady Exploration PLC Investing Policy Update (0360N)

TIDMBRDY

RNS Number : 0360N

Brady Exploration PLC

25 September 2012

Brady Exploration plc

("Brady" or the "Company")

Investing Policy Update

The Board of Brady, the natural resources focused investment company, announces that the Company has now substantially implemented its investing policy and has satisfied the requirements of Rule 15 of the AIM Rules for Companies.

Following a general meeting held on 26 October 2011, the Company disposed of its operating business and therefore become an investing company under Rule 15. Consequently, Brady was obliged to have made an acquisition that constituted a reverse takeover or otherwise have substantially implemented its investing policy within 12 months from that date.

The Company currently holds shares in a number of quoted natural resources companies, operating across a range of countries, which have scope for growth.

Against this background, the Company is continuing to review a number of significant investment opportunities within its stated investing policy and further announcements will be made in due course.

For further information on the Company, please visit: www.bradyexploration.com or contact:

 
Brady Exploration plc 
 Alex Borrelli                          +44 7747 020600 
 
 Allenby Capital Limited 
 (Nominated Adviser and Joint Broker) 
 Nick Naylor/Nick Athanas               +44 20 3328 5656 
 
 Peterhouse Corporate Finance 
 (Joint Broker) 
 Jon Levinson                           +44(0)20 7469 0935 
 Lucy Williams                          +44(0)20 7469 0936

This information is provided by RNS

The company news service from the London Stock Exchange

END

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