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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Bmr Group | LSE:BMR | London | Ordinary Share | GB00BWV0F181 | ORD GBP0.01 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1.90 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMBMR
RNS Number : 5662C
BMR Mining PLC
16 October 2015
BMR Mining PLC
("BMR" or the "Company")
Land & Equipment Lease Update
Following a review of operations by the Company at Kabwe, the Directors have now determined that the location of the initial Pilot Plant should be secured for the medium term and also under the Company's direct control, and they have therefore decided to construct the operational plant on the Company's own land at Kabwe.
As a result, the Company will not be proceeding with the leasing of land and equipment from Sable Zinc Kabwe Limited announced on 28 September 2015.
Whilst the Board is continuing to finalise the specification and costing of the operational plant, it does not believe that this decision will have a material adverse impact thereon.
Alex Borrelli, Chairman, commented "This decision reflects our focus on constructing a fully operational pilot plant that is capable of generating revenues for the Company."
Ends
For further information:
BMR Mining PLC 020 7734 6252
Alex Borrelli, CEO and Chairman
WH Ireland Limited 020 7220 1666
Chris Fielding, Head of Corporate Finance
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCFFAFDMFISEFS
(END) Dow Jones Newswires
October 16, 2015 09:20 ET (13:20 GMT)
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