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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Van Dieman | LSE:VDM | London | Ordinary Share | GB00B03HFG82 | 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% | 0.875 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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TIDMVDM
RNS Number : 7754N
Van Dieman Mines plc
24 February 2009
24 February 2009
VAN DIEMAN MINES PLC (the "Company")
Suspension of Trading on AIM
The Company yesterday received a demand from a major creditor for repayment of
all sums owed under the terms of the loan note instrument in regards of a
principal amount of GBP6.75 million.
As a result, the Company has entered into negotiations with the creditor with a
view to assessing the ongoing viability of the Company's operations.
The Company announces that it has requested that trading in its shares on AIM be
suspended with immediate effect pending the clarification of the financial
position of the Company.
A further announcement will be made in due course.
Enquiries
+----------------------------------------------+------------------------------------+
| VAN DIEMAN MINES PLC | Tel: +61 (0) 4 0870 8778 |
| Mike Etheridge, Chairman | Tel: +61 (0) 3 6357 2112 |
| Ron Goodman, CEO and Managing Director | |
| | |
+----------------------------------------------+------------------------------------+
| GRANT THORNTON UK LLP | Tel: +44 (0) 20 7383 5100 |
| Gerry Beaney / Fiona Owen | |
| | |
+----------------------------------------------+------------------------------------+
| FOX DAVIES CAPITAL LIMITED | Tel: +44 (0) 20 7936 5230 |
| Jason Bahnsen, Corporate Finance | |
| | |
+----------------------------------------------+------------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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