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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Oriel Res. | LSE:ORI | London | Ordinary Share | GB0034246743 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 121.50 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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RNS Number:4120N
Oriel Resources PLC
07 December 2006
AIM: ORI
TSX: ORL
PRESS RELEASE
December 7, 2006
Oriel Resources plc
Ordinary Shares Conditionally Approved for Listing and Continued Trading on
Toronto Stock Exchange
Further to the press release dated December 6, 2006, the Directors of Oriel
Resources Plc ("Oriel" or "the Company"), the London-based chrome and nickel
mining and processing company, are pleased to announce that the Listings
Committee of the Toronto Stock Exchange (the "TSX") has approved the continued
listing of the ordinary shares of the Company subject to compliance with all
remaining TSX requirements by no later than March 6, 2007. The ordinary shares
will continue to trade at the opening of the TSX on December 7, 2006.
ENDS
--------------------------------------------------------------------------------
Notes to Editors:
Oriel Resources was formed in July 2003 with Dr Sergey V. Kurzin as Executive
Chairman and CEO and is a London-based chrome and nickel mining and processing
company with its Ordinary Shares and Warrants admitted to trading on the
Alternative Investment Market (AIM) and its Ordinary Shares listed on the TSX
Stock Exchange.
Its primary focus is on the identification, acquisition, exploration and
development of advanced chrome, nickel, and other alloying opportunities in the
countries of the FSU, including The Republic of Kazakhstan and The Russian
Federation. The Oriel group currently has three projects, namely the Tikhvin
smelter project, Russia, the Voskhod chrome project and the Shevchenko nickel
project, both situated in north-western Kazakhstan. Following the results of
recent feasibility studies for the Russia and Kazakh-based projects and given
the current high demand for chrome and nickel products, the directors are
fast-tracking the Voskhod chrome and Tikhvin smelter projects into production
while further developing the Shevchenko nickel project.
--------------------------------------------------------------------------------
For further information please contact:
Dr Sergey V Kurzin, Executive Chairman, Oriel Resources plc
Tel: +44 (0) 20 7514 0590
Nick Clarke, Managing Director, Oriel Resources plc
Tel: +44 (0) 20 7514 0590
Gavin Dallas, Marketing and PR, Oriel Resources plc
Tel: +44 (0) 20 7514 0590
Robin Birchall, Canaccord Adams Limited
Tel +44 (0) 20 7050 6500
Michael Padley / Michael Spriggs, Bankside Consultants
Tel: +44 (0) 20 7367 8888
Keith Schaefer, Vanguard Shareholder Solutions
Tel: + 1 604 608 0824
www.orielresources.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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