Amur Minerals Corporation Cash shell update (3732J)

TIDMAMC

RNS Number : 3732J

Amur Minerals Corporation

15 August 2023

15 August 2023

Amur Minerals Corporation

("Amur" or the "Company")

Cash shell update

Further to the announcement of 6 March 2023 and the disposal of the Company's AO Kun-Manie subsidiary, following which Amur became an AIM Rule 15 cash shell, the board of Amur notes that the Company is required to make an acquisition or acquisitions which constitute(s) a reverse takeover under AIM Rule 14 on or before the date falling six months from the completion of the AO Kun-Manie disposal.

Accordingly, if no such transaction is completed, the Company will be suspended from trading on AIM at 7.30 a.m. on 7 September 2023. Once suspended, Amur will have a further six months to complete a reverse takeover or else admission of the Company's shares on AIM will be cancelled on 8 March 2024.

The board of Amur continues to review a number of reverse takeover opportunities. Further announcements will be made as appropriate.

Enquiries:

 
       Company            Nomad and Broker        Public Relations 
  Amur Minerals Corp.    S.P. Angel Corporate         BlytheRay 
                             Finance LLP 
   Robin Young CEO        Richard Morrison           Megan Ray 
                              Adam Cowl              Tim Blythe 
                           [phone] 
 [phone]            0470           [phone] 
 

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August 15, 2023 04:30 ET (08:30 GMT)