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SML Strategic Minerals Plc

0.225
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Strategic Minerals Plc LSE:SML London Ordinary Share GB00B4W8PD74 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.225 0.20 0.25 0.225 0.225 0.225 2,437,244 08:00:29
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Iron Ores 2.46M 84k 0.0000 N/A 4.44M

Strategic Minerals PLC Presentation by Cornwall Resources Limited

30/11/2016 7:01am

RNS Non-Regulatory


TIDMSML

Strategic Minerals PLC

30 November 2016

30 November 2016

Strategic Minerals plc

("Strategic Minerals" or the "Company")

Presentation by Cornwall Resources Limited

Strategic Minerals Plc (AIM: SML; USOTC: SMCDY), the minerals production and development company, announces that its Director Peter Wale, who is also a Director of Cornwall Resources Limited ("CRL"), on Monday evening, on behalf of CRL, made a presentation at the House of Commons to members of parliament and a select group of invited guests. This presentation outlined CRL's Redmoor project and plans in relation to its development. The function, organised by The Geological Society, featured brief presentations on both UK mining projects being developed by CRL, Sirius Minerals and Wolf Minerals and selected projects around the world being developed by UK companies.

A copy of the presentation can be found at http://www.strategicminerals.net/investors/presentations.html.

Commenting, Strategic Minerals' Director, Peter Wale, said:

"The opportunity to present to this select group, alongside companies like Sirius and Wolf Minerals, provided Cornwall Resources Limited, our joint venture vehicle with New Age Exploration, a wonderful chance to highlight the potential resource Redmoor represents and our plans to develop it."

For further information, please contact:

 
  Strategic Minerals 
   plc 
   John Peters 
   Managing Director 
   www.strategicminerals.net 
 
   Follow Strategic Minerals 
   on: 
   Twitter: @SML_Minerals              +61 (0) 414 
   LinkedIn: strategic-minerals-plc     727 965 
 SP Angel Corporate 
  Finance LLP 
  Nominated Adviser and 
  Joint Broker 
  Ewan Leggat                          +44 (0)20 3470 
  Laura Harrison                        0470 
 Optiva Securities Limited 
  Joint Broker 
  Graeme Dickson                       +44 (0)20 34111880 
 Yellow Jersey PR 
  Financial PR 
  Dominic Barretto 
  Felicity Winkles                     +44 (0) 7825 
  Alistair de Kare-Silver               916 715 
 

Notes to Editors

Strategic Minerals Plc is an AIM-quoted, diversified mineral development and production company with projects in the United States of America and Australia. The Company is focused on acquiring and developing cash generative, high quality projects which meet local market demand for commodities and utilising this cash flow to undertake value added exploration.

In September 2011, Strategic Minerals purchased its first cash generating asset; the Cobre magnetite tailings dam project in New Mexico, USA which it brought into production in 2012 and which continues to provide a revenue stream for the Company. The portfolio was expanded in January 2016 with the acquisition of shares in Central Australian Rare Earths Pty Ltd, which holds tenements in Western Australia and the Northern Territory that are prospective for nickel sulphides and rare earths. In May 2016, an additional exploration asset was acquired when the company entered into arrangements to take up to 50% of the Redmoor Tin/Tungsten project in Cornwall, UK.

This information is provided by RNS

The company news service from the London Stock Exchange

END

NRABMBFTMBJJMFF

(END) Dow Jones Newswires

November 30, 2016 02:01 ET (07:01 GMT)

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