Strategic Natural Resources PLC Millennium Energy Corp. Share Purchase Terminated (8530M)

TIDMSNRP

RNS Number : 8530M

Strategic Natural Resources PLC

21 July 2014

Strategic Natural Resources PLC

("SNR" or the "Company")

Millennium Energy Corp Share Purchase Terminated

The board of SNR, the AIM quoted natural resources developer operating in South Africa, which indirectly owns 74% of Elitheni Coal (Pty) Limited, announces that the Company and Ivory Mint Holdings Corp. ("the Vendor") have agreed not to proceed with the Millennium Energy share purchase agreement as previously announced on 1 July 2014. As per the termination agreement, the Vendor will repay the GBP660,000 to the Company within 90 days.

21(st) July 2014

For further information, please contact:

 
 Strategic Natural Resources PLC    enquiries@snrplc.com 
---------------------------------  --------------------- 
                                    +44 (0) 7803 895 
 Mike Drozd                          917 
---------------------------------  ---------------------

For further information about Strategic Natural Resources PLC please visit www.snrplc.com

This information is provided by RNS

The company news service from the London Stock Exchange

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